We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance , supply and demand zones, market structure, candlestick analysis etc. On crypto we are looking at the Daily and 1 Hour timeframes to take trades when they are ready.
On the weekly timeframe we are in a pullback and coming back into a resistance level at the 0.715000 area. Price did close last week extremely bullish so there is no reason to believe this won’t head higher.
On the H4 timeframe we can see that price is extremely bullish and there is no reason to believe it won’t head higher into the 0.71110 resistance level. We also hav e key support level down at 0.70113 so we will look to see that level tested
On the weekly timeframe we are in a pullback and coming back into a resistance level at the 0.715000 area. Price did close last week extremely bullish so there is no reason to believe this won’t head higher.
On the H4 timeframe we can see that price is extremely bullish and there is no reason to believe it won’t head higher into the 0.71110 resistance level. We also hav e key support level down at 0.70113 so we will look to see that level tested