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BITMEX:XBTUSD
BITFINEX:BTCUSD
1D. seems like we cant break out and sustain above 4K. we tried twice on the daily but today got confirmation for not supporting 4K.
Question is what next?
:eyes: how indicators look bearish , only the MACD hints that a reversal might be at play.
12H. strong sell pressure from strategy first EMA (16)
notice how reject is on the EMA line this time confirming the EMA as RES.
But although price drops we see a slow down in volume
A wick down to bottom bb is POSSIBLE pay attention
6h. lets see if we keep opening the bottom bb for more Down PA.
(I hope not)
4h. bulls tried but couldn't break the level and got rejected again at EMA
We :eyes: for volume on this TF
2h. will PA get back to bb bands?
might revrese and head back to test the EMA for res. no advice
1h. sell volume rising :eyes:
30min. the fight
15min. the test
5min. The courage
Make sure to follow for more updates
Free Telegram Signals group and discord server find it links on my SM check it out. Don't be Lazy.
more details about the strategy in related links
GL and Trade Safe :heart_exclamation:
BITFINEX:BTCUSD
1D. seems like we cant break out and sustain above 4K. we tried twice on the daily but today got confirmation for not supporting 4K.
Question is what next?
:eyes: how indicators look bearish , only the MACD hints that a reversal might be at play.
12H. strong sell pressure from strategy first EMA (16)
notice how reject is on the EMA line this time confirming the EMA as RES.
But although price drops we see a slow down in volume
A wick down to bottom bb is POSSIBLE pay attention
6h. lets see if we keep opening the bottom bb for more Down PA.
(I hope not)
4h. bulls tried but couldn't break the level and got rejected again at EMA
We :eyes: for volume on this TF
2h. will PA get back to bb bands?
might revrese and head back to test the EMA for res. no advice
1h. sell volume rising :eyes:
30min. the fight
15min. the test
5min. The courage
Make sure to follow for more updates
Free Telegram Signals group and discord server find it links on my SM check it out. Don't be Lazy.
more details about the strategy in related links
GL and Trade Safe :heart_exclamation: