On this 15 minute chart from the candlesticks, supply and demand zones are tool drawn.
The resistance trendline and flat bottom form a triangle pattern. The Fibonnaci retracement
tool is used to find likely targets which are also pivots to the left. The dual TF RSI indicator
by Chris Moody shows both the faster 5 min and the slower 60 min rising over the...
Both historical (30 days) and implied volatility for Bitcoins is at all-time low levels.
It seems like trades waiting for news about crypto ETFs approvals.
It might make sense to buy straddle/strangle to put a market neutral positions expecting big move and increase in volatility in Q4/2023.
Disclaimer
Please remember that past performance may not be...
