oh boy! we may have reached a temporary bottom (BTCUSD)
i dont want to jump the gun, and it looks like a pretty messy way to break a downtrend, but it still seems like we could find higher prices by next week the way things are going.
its a mess of a chart, but 36832 and 37000 are remaining strong support it seems and as long as we keep closing 4hrs above these levels and we get over 37555 (great number) i dont see a problem with buying this 15 minute qqe signals long entry, especially if we tough anchored vwap and continue the bounce.
broader markets remaining healthy would be a good sign for crypto, and theres a few good reasons to think the bounce in indices could continue into next week, one being that earnings havemt turned out to be all bad and weve made consecutive higher lows daily.
initial target is around 38500 for now.
stay green and keep it 💯 out there! the crypto put crew will have to wait for another day imho even if volatility in btcusd continues its crazy ride.
its a mess of a chart, but 36832 and 37000 are remaining strong support it seems and as long as we keep closing 4hrs above these levels and we get over 37555 (great number) i dont see a problem with buying this 15 minute qqe signals long entry, especially if we tough anchored vwap and continue the bounce.
broader markets remaining healthy would be a good sign for crypto, and theres a few good reasons to think the bounce in indices could continue into next week, one being that earnings havemt turned out to be all bad and weve made consecutive higher lows daily.
initial target is around 38500 for now.
stay green and keep it 💯 out there! the crypto put crew will have to wait for another day imho even if volatility in btcusd continues its crazy ride.
Comment:
if we cant beat 38050, then 38222 might be a lower high confirmed
Trade closed: target reached
