BTC (Y20.P1.E20.v3).Ranging price area.Fractal.
Güncellendi
This is a continuation of the previous post "BTC-Y20-P1-E20.v2-Ranging-price-area-Fractal"
Just an update on my thoughts:
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People are waiting for the drop due to the daily bearish divergence which is likely to be 8900 > 9050.
However its not turning out that way.
This ranging price will create some bullish formation. Using my channel, I see support as per the chart.
Approach:
Buy at the dips where I have support, in the wicks area.
Have funds to buy at the 8900 > 9050 if it is to drop, wick again.
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Previous Posts
Just an update on my thoughts:
=================================
People are waiting for the drop due to the daily bearish divergence which is likely to be 8900 > 9050.
However its not turning out that way.
This ranging price will create some bullish formation. Using my channel, I see support as per the chart.
Approach:
Buy at the dips where I have support, in the wicks area.
Have funds to buy at the 8900 > 9050 if it is to drop, wick again.
==================================
Previous Posts
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I came across this old chart as a possible scenario.s3.tradingview.com/p/P8yj4DK3_mid.png
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15 min chart is give the 1st signs of a good bounce. However we don't know if this is a bounce towards the main support, 8900s.Not
What's important at the macro level, the trend on the RSI. We must on the daily RSI keep above the trend line or EMA as per chart.
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This community has signals now but with no risk management comms.
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