dee718

BTCUSDT 23 JULY 2020 1818 hrs

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Clearly trending up. But note the NEG RSI DIV into new high ground... Not a signal of a trend reversal but a warning that proce is possibly about to retrace... this is good.

If it is about to retrace and you are not in position, this is where you can start considering a retracement target and set your alerts at support/fib etc.

Time of day where you see the highest concentrations of activity are not as consistant as in FX. you can see the sporadic nature.

High lit areas are only potential entry zones.. there is more criteria. But once in these zones, that is when one can really pinpoint a proper entry with the SM players.... since that is kinda what they do:

buy low and sell high

If you are not buying low and selling high, you are not acting like smart money.... and that is definitely not smart.
Learn Wyckoff concepts and VSA and stop getting burned.

Training/practice**

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