Wow! What a great result from our previous analysis, make sure to check that out below.
I hope everyone is doing well. Here is a simple idea, of how bitcoin may make a sharp recovery as traditional markets reopen today.
It's just an idea, use your own judgement =)
Daily showing a nice bullish bias here. We can expect a possible small drop to the lows of the Asian session, but you can enter here provided your position is sized properly. If you're patient, a better entry can likely be found a few dollars lower. Perhaps 1902. That may or may not happen, but what I know for certain is that the Daily has shown a bullish signal...
Traded away from the orderblock test broke bullish.
Sry I can only publish so fast.
Targets on the chart.
edit: I bought 1915. For you, wait until it trades through like 1919. I'm sorry my trades come first before posting. Confirm we trade through target 1 and buy it.
Possible long position here on XAU to watch carefully. This isn't as sure of a play as my scalp last week, because this analysis comes from low weekend volume. We can try it though , just keep in mind the H12 chart shows a bearish 9 right now. Short term gold fundamentals have lost some of their strength and certainty over the weekend.
Keep an eye on this to see...
I apologize for the chart format, just threw this together on my Galaxy s20 as I'm waiting for my flight.
A quick wrap up to my "Massive Move" series.
All the information you need is in the rest of the series. Please check out my previous analyses below. You will find where I have called each and every major move Bitcoin has made.
I don't post much...
Possible retrace here on the 4H
Edit: Don’t take this if we immediately close above the dotted line after the opening bell. This should go without saying but...that would probably invalidate the setup.