RenfroS

RenfroS

Waiting for price action. not wanting too much risk involved but This is a fatass daily push up. Heading into the weekend could see some nice upside.

RenfroS

Lets see what happens

RenfroS

calling this fat rejection for 50% retrace of the movement

RenfroS

Working on identifying all potential setups. Starting on 4HR for supp/resistance analysis. Mostly working with 1 hr for taking trades. Currently I'm seeing that we are rejecting above a trend line and support that i found and drew fibs on. It looks like the chart also formed a potential double bottom. I think this is key for continuation upwards.

RenfroS

Looks like BTC wants to break back up to orginal high. On the daily price is trapped in price box right now. If we can close above the box I would feel comfortable taking buys around this area. Key buys would be a break and retest around 53,000. We already rejected weekly of 38% retracement. Price broke above trend lines and candle formations created a mother and...

RenfroS

Coming up on a price grab zone for resistance and also on a trend line. Looking at previous price around this area there has been some push downward. I see more likely this being a sell opportunity but if there is a break and we can retest this area as a support there are potential buys. I'll be waiting to see but I see price dumping to retest the London's open...

RenfroS

Not super obvious what price is doing but if you bump out to higher time frames.. the weekly chart is touching a 38% retracement area. Daily view is touching a 21 EMA. Looking at re-entries moving up to secure more pips. I'm going to be looking for my next buys after breaking the channel we are on now. Once price breaks current highs I believe based on the fibs...

RenfroS

Super short SL. Looking at a swing trade if price closes over current trendline. Possible continuation to the current resistance area.

RenfroS

Seeing multiple signals indicating buy. Strong rejection on the 4hr from 38% support and 21-EMA. Price squeezing in this smaller range. I think when price closes above the trend that will be my final confirmation for buys. Looking at about 2,500-3,000 pips. Keeping SL close around 50% drawdown.

RenfroS

currently at resistance level. I'll be watching for a breakthrough to continue to upper trend line. If price doesn't break I'll take sells.

RenfroS

Price stuck in consolidation looking for a continuation downward. I price rejects support I'm looking for continuation to resistance.

RenfroS

$2000 rebound off support. Saw roughly 70% retracment from previous low to previous high and rejection of the area was confirmation for a buy.

RenfroS

Looking at the current downward movement on bitcoin

RenfroS

Looking for a movement above the resistance found on the daily charts. This is the next high for the current time frame. We are moving Bullish so I'm expecting buys for a potential 30-90 pips.