GreenValleyTrading
Long

BTC/USD - Daily - Nice consolidation

BINANCE:BTCUSDT   Bitcoin / TetherUS
Daily :
-Doji close with higher volumes than previous bearish daily session
-Rejection from 9400 support, which is a good VPVR level since early-2018
-MA-EMA 30 still ok
-RSI hidden bull div on the edge of confirmation
-Golden cross MA 50-200 into weekly bull context

4h :
-RSI hidden bull div + bull div to consider
-Two bear trials rejected from S1 weekly support


I'm still long until 13k , which is the yearly R1 pivot .
Comment: By unzooming on the 3D, we can see how 9300 is a strong demand zone on VPVR since end of 2017
Comment: BTFD
Comment: Coroned

Comments

Your idea is very explicit and I see that you are also long!
+1 Reply
BtcUsd has some interesting price action, this is my view
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GreenValleyTrading transparent-fx
@transparent-fx
If strong demand zone since end of 2017 at 9300 breaks, yes !
I personally don't project but play with probabilities

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