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KeylessCrypto
Nov 22, 2022 7:19 PM

BTC 4H Point of view 

Bitcoin / TetherUSBinance

Description

So, from the last update accummulation has failed and (c) scenario happened. What's now?

Too many scenarios from this side (a,b,c,d) you can see on the chart. In two words the main resistance is located at 17 000 and we have a strong support at 15 600.

I'm already in longs. The green circles would be my additional entry points. Would look for this arguments:
1) Volatility decrease
2) Accumulations
3) 17 000 Impulse Break Out

Let's wait for the buyers interest confirmation.

Recommendations:
If you already in long, just hold it and put SL. If you are sitting on the window with a bag of stablecoins, just wait for the right moment (1,2,3).

Trade active

First green circle from support at 16 330 got hit. Let's go
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