Other than a few scalps inside this Monday range, there hasn't been a lot to update on BTC.
I think patience is the best play here. Yesterday we took out the internal liquidity before a sudden reversal.
Reclaimed H4 trend here once again, which as you can see is starting to compress a bit harder. This H4 trend has been a good guide for price since the 74k bottom, only inversing once (May 5-6).
I'm in no rush to be positioned here, although I'll look for price to take out the internal highs or Monday highs. In both cases I would like to see a ltf confirmation, next to decent OI flush on high volume.
Long entries can be found at a sweep of 102.4 or of course the Monday low sweep.
I think patience is the best play here. Yesterday we took out the internal liquidity before a sudden reversal.
Reclaimed H4 trend here once again, which as you can see is starting to compress a bit harder. This H4 trend has been a good guide for price since the 74k bottom, only inversing once (May 5-6).
I'm in no rush to be positioned here, although I'll look for price to take out the internal highs or Monday highs. In both cases I would like to see a ltf confirmation, next to decent OI flush on high volume.
Long entries can be found at a sweep of 102.4 or of course the Monday low sweep.
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Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.