after a nice accumilation zone Icon is building up now for a next range.
You could have like 5 short options last range and the same amount of long entry's.
If the new range settles, my goal is to take these entry's
It broke out of the 1,73 to 2,11 dollar...
If Bitcoin will go up to the next weekly, then i'll go for a trade with a short entry.
It looks very nice with the fib level 0.618, the weekly and the fib fan and time lining up around the 1 of April :)
Looks like a solid long position for me right now.
On the daily log scale we are on support drawn back from december 2020.
We're on the point of control, high volume node, drawn from 15 feb till now.
close to the weekly VWAP an CVD 1hr is bullish divergences
Opening a long with a wide stoploss
Just my idea, no advise.
BItcoin has made a nice rally in the weekend, this most of the times not a good sign for the short term bulls.
Now it's again under the weekly resistance around 57.500.
I'm going to try to short if it goes up to the weekly.
The profit points are the high volumes nodes from the fixed range.
The last take profit will be on the weekly @...
Lost the Fib level 0.236, lost the monthly VWAP
Lost the Daily at 44773.
If we lose the daily than we are going to see the old ATH 42000 for the gab fill in the volume profile.
Daily , weekly , Fib 382 , fib 618 last uptrend and 0,75 speedfan are in the same area...... hopefully a hit to 38000 weekly and then up
I'm bullish on BTC (who isn't :) ) .
Today closed a long at 36.234 from 44.400 (yesterday) , so it was a good day.
Off course closed to early, but was working an not paying much attention. So happy with that result.
My next setup (depends on the volume and big longs opening) at this point
• CVD declines and price highs decline, so no bearish...