Adding to my $BTC long here
We were long at 48k off the Cypher, Long off the Shark PCZ, and now here approaching the neckline with a potential 3 rising valleys, hidden bullish divergence on the MACD and RSI
Adjust your stops to your taste, this is a momentum play in additional to my other long positions still active.
When I talk about trading in the zone, or the composite operator, you should look at the "Composite operator" as the guy whose distributing an asset for everyone buying and selling.
He's basically the market maker, and determines the price. The charts I make are meant to depict a zone, or range. Inside the zone, the composite operator will have a supply. ...
Clear accumulation above old resistance with bullish divergence on both the MACD and the RSI. Price action correlation implies 2.72, 3.85, 4.50, and 5.32 potential targets on the up.
Long term play, small position.