BTC destroyed some of my last trades making Q1 not the best so far. Nevertheless, some of those trades I would take again under the same circumstances. New chart, new luck as this trade would meet many of my trade criteria.
From a pattern perspective, price could make a final move towards former swing high (2) until it goes down. If swing high (3) is taken out, I am totally mistaken and take the loss.
However, HTF indicators 5h and 7h show bearish divergences and MACD crossing soon.
Target 2 might be over the top. Depending on BTC and overall PA I might let 25% run lower (if we...
OCEAN BTC 3 Day Chart
lower lows on T3-CC1 (while price is making hh)
lower lows on RSO (while price is making hh)
RSI is about to cross bearish
I will try to get in on the retest since I missed the beautiful SFP
CRO BTC 3D and 8H
Price made 3 consecutive hh (wick is treated as anomaly) while RSI makes lh
MACD 8h crossing bearish while volume has been decreasing
t2 is based on higher 3 day OB
I will try to get in on the retest, IF it happens at all like anticipated.