Trade Pair: BTC.USD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Breakout Dependent
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Breakout Dependent
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
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Price collapsing as expected, however we are now running into the 4hr ascending trendline which should provide us an indication of the next move.
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Price once again testing $9,000
It will now be interesting to see how price reacts as we approach support forming deceleration.
It will now be interesting to see how price reacts as we approach support forming deceleration.
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A strong break below, please note a candle close is required prior to any possible entry.
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Textbook moves, i will be publishing my next thoughts this morning.
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New Trade Idea.
It's likely price will retest the 4hr ascending trendline.