SecretOfSuccess

SecretOfSuccess

At the key 4hr resistance level with EMA rejection. Low risk high reward trade.

SecretOfSuccess

The long diagonal support has been broken and it already did re-test the resistance after the breask down. Expecting more to the downside. BTC chart under Luna. most probably going down to the diagonal trend support. 200ema's are broken on 4hr. PA and indicators shows a strong bearish momentum

SecretOfSuccess

Retrace from the inverted Head and Shoulder neckline .. Might have some good bounce here

SecretOfSuccess

*Tested Support area or resistance becomes support and bounced . *RSI clearly bounced *Personal exit 50% on that red line area.

SecretOfSuccess

waiting for a clear breakout

SecretOfSuccess

Notice the RSI get back on support . ABC correction done

SecretOfSuccess

Waiting to hit my first target and update my chart.. currently near strong support area, RSI bounce from 40

SecretOfSuccess

wait for some dips and :)

SecretOfSuccess Updated 

If we look on it it was in the support area that can continue to wave 5 m but also it can do down more . Will wait to see clear trend or breaking the support in this range before going long or short. RSI below 50 which can be tested at the moment on Daily Time frame.

SecretOfSuccess

Waiting for possible Throwback before Entering Green box Sell Zone Red Box areas .

SecretOfSuccess

Whereas my targets are the red lines or resistance areas

SecretOfSuccess

I am still Expecting for a drop below 5k and have some ladder buys along 4500- 4700 price before heading to the final wave or Wave 5.

SecretOfSuccess

As we can see, RSI broke 50 along with a breakout on Daily timeframe . My peronal target as of now 30-35 Long term 50 and over .