BTCUSD Correction for Long

BINANCE:BTCUSD   Bitcoin / U.S. Dollar
As expected, BTC needs to dump off for a major correction back to the H4 level for a high probability low risk entry. We will wait to see clear rejection at the zone before a long trade is executed
Comment: We had twice H1 candle exactly on the H1 spike base. More rejection wicks will trigger the long trade. H1 #closesmatter
Comment: The chart gets vertical and cranking down, No clear rejection and we are staying out, overall the levels are reacting but we need patience to get the perfect setup
Comment: No clear sign of rejections and the BTC chart continue to go vertical, Next train stop is 4110xx level, first time return of price if we see clear rejection signs there.


Let’s hope so
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out