BTC/USD - Bullish Order Flow Resuming [SWING TRADE]
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Hello,
Various sentimental analysis is building bullish order flow volume into this cryptocurrency. As seen on higher time frames, such as the monthly, we are bullish. Furthermore, weekly, and daily are bullish as well.
The two blue zones I have labeled are inactive weekly/daily demand zones. I say that these zones are inactive because price can touch this zone and pass right through.
If price touches either one of these zones and forms various higher highs and higher lows on a lower time frame, such as that of the 4H time frame; this will confirm that the weekly/daily zone has been activated.
Should this happen, I'll do further investigative analysis to pinpoint the entry that I'll be taken. Details coming soon.
As for the projection of where BTC/USD could be trading at in the next few weeks? Quite difficult to speculate, however, at the moment it appears as though bullish order flow volume is favoring the bulls rather than the bears. Lets choose to run with that stampede rather than against it.
More updates coming soon. Best of luck to the remaining experienced traders, inexperienced traders, get ready for a long journey.
Regards,
Authors
Various sentimental analysis is building bullish order flow volume into this cryptocurrency. As seen on higher time frames, such as the monthly, we are bullish. Furthermore, weekly, and daily are bullish as well.
The two blue zones I have labeled are inactive weekly/daily demand zones. I say that these zones are inactive because price can touch this zone and pass right through.
If price touches either one of these zones and forms various higher highs and higher lows on a lower time frame, such as that of the 4H time frame; this will confirm that the weekly/daily zone has been activated.
Should this happen, I'll do further investigative analysis to pinpoint the entry that I'll be taken. Details coming soon.
As for the projection of where BTC/USD could be trading at in the next few weeks? Quite difficult to speculate, however, at the moment it appears as though bullish order flow volume is favoring the bulls rather than the bears. Lets choose to run with that stampede rather than against it.
More updates coming soon. Best of luck to the remaining experienced traders, inexperienced traders, get ready for a long journey.
Regards,
Authors
Trade fermée: cible de profit atteinte
200+ basis points; Partial close. Continue holding for more profitTransaction en cours
Continue holding, additional 100 basis points generated from market liquidity. Note
Hold to 1m
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