Compound high volume note below, we have tested and retesting now. Outstanding R/R here. Kill the trade if we make a low below the last swing low, right around 286 area. This should hold right here IMO. Target is around 730$ area which is a 1.618 fib ext of the last swing up..GL
Commentaire:
307.5 is critical here. We are testing that high vol spot. Look at comp/usdt 1 hour, zoom out. Always use usdt charts with what you are looking at, that is where the most manipulation occurs and therefore what you need to know...I think this, maker, bnb are moving up from here. If this moves below 286 after today then i would reconsider
Commentaire:
Notice the patterns that form at high vol spots, especially high vol spots that form after a consistent trend
Commentaire:
On a daily close below 307.5 exit the trade. 307.5 is the gateway now but if BTC wants to move lower, this could as well. In that case wait until the daily closes back above. Risk is high in this environment, their is money to be made, but caution is advised.