The title is the main point of this. As i go through the charts since the market opened I thought hmm, if this ends above the red line it looks great. well towards the end of the videe it seems that the bulls knew about this looong ago.
I think the 4HR at 11AM EST will determine a great amount of BTC trajectory. IF it holds 41,700 then I think bullish or sideways movement is what will happen. I explain that idea in the video.
It is 20 minutes.
I go over link, ada, USTY02, MARA and some others
I think the 4HR at 11AM EST will determine a great amount of BTC trajectory. IF it holds 41,700 then I think bullish or sideways movement is what will happen. I explain that idea in the video.
It is 20 minutes.
I go over link, ada, USTY02, MARA and some others
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First I want to say im not as confident about this call. I wanted the price to end over that 4HR and it did, but I wanted the price in the next hours to be in that same base range and take time moving up, but i guess with all the shorts maybe that wasnt possible. Maybe it was just buying, idk.
We had the 4HR finish at 3PM EST we wanted, with more bullish pressure than i expected. I expected BTC to be back in play, but not to this level. Were now essentially on top of where I thought it looked likely we would range.
Im interested to see where this 4HR will end. The only way I would consider being bearish in the short mid tarem would be for a close under 42,150 on this next hour and slight declining on the following 4HR candles. That seems like it will be pretty tough to do, since both time frames look strong and the Day resistance is up at 43,220. I dont back downwards means BTC looks bad, but if it ends this hour I would think so, because of the pressure on the topside we have and coming back under key levels.
We had the 4HR finish at 3PM EST we wanted, with more bullish pressure than i expected. I expected BTC to be back in play, but not to this level. Were now essentially on top of where I thought it looked likely we would range.
Im interested to see where this 4HR will end. The only way I would consider being bearish in the short mid tarem would be for a close under 42,150 on this next hour and slight declining on the following 4HR candles. That seems like it will be pretty tough to do, since both time frames look strong and the Day resistance is up at 43,220. I dont back downwards means BTC looks bad, but if it ends this hour I would think so, because of the pressure on the topside we have and coming back under key levels.
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I know my updates arent the best on a single chart =[. I am looking for a return to the red line for a rejection of the trend we were riding the last week. That should send us back to the red line and center of everything and yeah.
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Position could have been taken. It already hit the range i talked about on the day it is at 37.8 on the 4HR it is at 38.6 i think we went 38.2 or something idk. anyway heres where it is at the red line./ obviously. we are looking for where it closes. I suspect it will close up and yeah we go up back to fail, but great time for alts considereing they are making up free space.
www.tradingview.com/...c-8e04-e5706cc65a7b/
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@livetoast Thanks for mentioning to me look at CELR. It was the perfect example and I had a good feeling when I first saw where it was. Sorry I did not @ you. I hope you were able to position well. Here is a video before out next 4HR explaining what I am looking for from the day and what I am expecting ahead of time. Lets see if we can stay strong with these gueses. Remember, im not saying what is going to happen, I am saying if x happens, I expect Y. Those two are very different and VERY different approaches to something.
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Streams if anyone is interested. The Video is the latest update out of these 3 things.
www.tradingview.com/streams/0YcWuMyQbJ/
www.tradingview.com/streams/OK53YlAr1g/
www.tradingview.com/streams/0YcWuMyQbJ/
www.tradingview.com/streams/OK53YlAr1g/
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