BTC - Livermore box set up
Left: BTC daily
-rsi sitting above the top trend line
-pink handle from the cup&handle is shown
-estimated around 105k for the top of the first pump up; this is a rough estimate
-price action took a pause to consolidate
Right: BTC 2H
-nice box consolidation (a la Livermore boxes)
-pop above box on a larger volume candle
-entry for the next leg up; it's a really nice entry spot bc even if it fails, the stop can be put just inside the box
-caveat: crypto comes with inc volatility, especially in shorter time frames
-rsi sitting above the top trend line
-pink handle from the cup&handle is shown
-estimated around 105k for the top of the first pump up; this is a rough estimate
-price action took a pause to consolidate
Right: BTC 2H
-nice box consolidation (a la Livermore boxes)
-pop above box on a larger volume candle
-entry for the next leg up; it's a really nice entry spot bc even if it fails, the stop can be put just inside the box
-caveat: crypto comes with inc volatility, especially in shorter time frames
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.