BTC Daily Thoughts

XBTUSD
BTCUSD

BTC Daily Thoughts


:dancer:


5min. will it test the resistance?
will resistence turn support?


15min. Short signal. low volume - easy manipulation in both directions


30min. RSI should curve back up followed by STOCH RSI and macd afterwards


1h. looking for support on strategy ema. will it hold?


4h. :eyes: on macd. if retraces to support macd should stay positive hist.


12H. long signal. we need more volume and close above 6600 on smaller TF to generate momentum UP
:eyes: on MACD, if bull run it should show positive hist.
notice how stoch rsi is cooled off and is ready to be pressed up (maybe)






1D. long signal. liquidate all late and overleveraged traders, bots reacted to signal by contra trading. market "stabilizes" and signal kicks in. no advice keep watching daily volume for confirmation.


My Entry: 6539.5 @ bitmex close target @ 6728
ibb.co/h9dDW9

NO ADVICE.
DYOR and BYOR are your best friends
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*** the callouts on main chart on post are from this TF originally :