Trader4You

confluence area

做多
Trader4You 已更新   
BITFINEX:BTCUSD   比特币
Daily Chart

Approaching
1. previous support area, check the box
2. 200 SMA
3. Fibonacci Support level
4. Main upward channel that the whole movement started from
5. Trendline on the lower side of the channel

Indicators:
Oversold on the RSI with divergence

Against: Momentum is steep

Await confirmation through price action
Zoom in 4 hours for timing of entry

but the expectation is
6 to 7 K area should see Bulls Stepping back in

Please trade your own taste

That is my opinion and not a trade advise
评论:
The Fork in play
评论:
Volumes on the 4 hourly chart are significantly higher than average

Accumulation started

评论:
Could it be our good box, the close of the daily bar above 7k is significant
交易开始:
and this small tight range bar with very high volume is Scary
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