Bitcoin forming a MS continuation pattern. It broke the Montly level at 7160 and has now retested the level as support.
1. Level as resistance
2. Breakthrough
3. Daily close above
4. Wicks below but still daily closes above the level.
If the level holds likely more upside with first target 7700-7800 region.
1. Level as resistance
2. Breakthrough
3. Daily close above
4. Wicks below but still daily closes above the level.
If the level holds likely more upside with first target 7700-7800 region.
Commentaire:
Commentaire:
Intermediate support by the 21ema 4h (blue)
Intermediate support by the 21ema 4h (blue)
Commentaire:
Last range found support on the Monthly VWAP, this range is still above Weekly VWAP. Flipped it as S/R through out the range.
Last range found support on the Monthly VWAP, this range is still above Weekly VWAP. Flipped it as S/R through out the range.
Commentaire:
Range
Range
Commentaire:
7430 high
7160 low
Which side will give in first?
7160 low
Which side will give in first?
Commentaire:
Setup invalidated with that push below 7160.
Now looking at the 21 DEMA
Setup invalidated with that push below 7160.
Now looking at the 21 DEMA
Commentaire:
Thinking about a scalp long here, if the dip gets bought back up. Going to play some order reversal. Been playing mostly shorts in this range on the Monthly VWAP and 200ema 5min. Because we are at the bottom of range and at the W-open and D support levels thinking about a long.
Thinking about a scalp long here, if the dip gets bought back up. Going to play some order reversal. Been playing mostly shorts in this range on the Monthly VWAP and 200ema 5min. Because we are at the bottom of range and at the W-open and D support levels thinking about a long.
Transaction en cours:
T1 hit, mid range
T1 hit, mid range
Commentaire:
D-open providing resistance, stop moved below mid range
D-open providing resistance, stop moved below mid range
Commentaire:
Couldn't have been any clearer
Couldn't have been any clearer
Commentaire:
Expecting 6500
Expecting 6500
Commentaire:
Taking a short here, unable to close above range high. Targeting mid range
Taking a short here, unable to close above range high. Targeting mid range
The Montly level