Up after support bounce BTCUSD Weekly, Revisit BTC long
Currently I see the bounce of support on the weekly. After a bullish div, priced revisited support, and the volume around these levels are very high. There was a minor False Breakout to 18,3K and then bounced of, but not that strong, and last week the bar was showing an uptail, and price visited support again.
Then on the daily it started to grind up, and on the weekly the price went up since the bar open. It is a bounce of support after a bullish div now on MACD-H and MACD lines, and during the last decline,
EFI diverged, and Macd-H is ticking up. I figure we could see at least a pullback to 21-EMA, and perhaps, but that can be measured later, it could lead to the start of an uptrend.
The daily shows strength, price approaching 1 ATR, and EFI climbing up, impulse green.
Entry: 20K-20,3K
TP1: 24
TP2: 24,5
SL: 18,3
R/R: 1:2
Then on the daily it started to grind up, and on the weekly the price went up since the bar open. It is a bounce of support after a bullish div now on MACD-H and MACD lines, and during the last decline,
EFI diverged, and Macd-H is ticking up. I figure we could see at least a pullback to 21-EMA, and perhaps, but that can be measured later, it could lead to the start of an uptrend.
The daily shows strength, price approaching 1 ATR, and EFI climbing up, impulse green.
Entry: 20K-20,3K
TP1: 24
TP2: 24,5
SL: 18,3
R/R: 1:2