4H charts shown us interesting zone 200. And we got two options how to chatch long trade.
Number 1: Close 4H candle ABOVE 205 , then we enter long with SL at 194.
Number 2: Price will go back bellow 200 and we enter trade at 195.1 ON TRENDLINE. FIBO 38.2 shows us support arround 188 so stop loss will be 187. Those conditions must maintain then the trend will...
I made a call a few days ago that we were in the midst of creating a giant W (on the 4 hour). So far that has been coming true. I was expecting there to be a bit more volume in this W creation but it has been pretty lame. Lame volume = unconvincing movement. I don't have confidence in this retracement. For the W to be completed in its traditional sense, it is...
One thing I was always taught was that bitcoin doesn't do sideways. Well, obviously it does. Either someone needs to restart the bot server, or whoever is keeping the price in this strict channel needs to work out what they want to do. Maybe we're in a negotiation phase. One whale (bear whale) wants to keep the price down, and is negotiating with another whale who...
