Bitcoin re-evaluation, New outlook.
Güncellendi
I am rethinking my strategy and targets ( 
) as volume has been disappointing. we can see that 6300$ is a very tough resistance to break. We had 2 wicks through it but never closed above it.
why 6300 region is tough barrier to break:
- Tenkan 1D
- Kijun 12H
- 0.5 fib retrace
why 6300 might break:
- have been poked 5 times in 1H, which makes it weaker
- 12H RSI holding very bullishly
- lower 6.2k have printed instant lower wicks
- current price is sitting on 0.65 fib retrace.
Plan:
- keep watch on volume
- move stop to profit
- if dialy closes red, high wick, or shows more weakness.. take profit and wait for another entry.
Analyze daily
AresTrade
why 6300 region is tough barrier to break:
- Tenkan 1D
- Kijun 12H
- 0.5 fib retrace
why 6300 might break:
- have been poked 5 times in 1H, which makes it weaker
- 12H RSI holding very bullishly
- lower 6.2k have printed instant lower wicks
- current price is sitting on 0.65 fib retrace.
Plan:
- keep watch on volume
- move stop to profit
- if dialy closes red, high wick, or shows more weakness.. take profit and wait for another entry.
Analyze daily
AresTrade
Not
some 1H bullishness.Not
^^^^ i meant tenkan lol
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.