BTC Scalping, is the downward pressure is over?
BTC ,
1. we have a spike of volume at the bottom, probably many trader who goes long on the bottom of the descending channel
put their stop loss below, and it cascading.
2. we have a spike of buying volume above 20ma average volume .
3. price back to upper channel immediatelly
4, its making LL 3x in 1H chart
5. TF4H / TF6H still have rooms to grow using stochastic rsi
6. we have bull div in 4h using rsi-6
7. 1H is overbought, so it's our chance to buy the pullback
8. a good area to buy is near previous support/resistance
9. it's a good risk reward ratio :D
Happy Trading
PS: not a financial advice
1. we have a spike of volume at the bottom, probably many trader who goes long on the bottom of the descending channel
put their stop loss below, and it cascading.
2. we have a spike of buying volume above 20ma average volume .
3. price back to upper channel immediatelly
4, its making LL 3x in 1H chart
5. TF4H / TF6H still have rooms to grow using stochastic rsi
6. we have bull div in 4h using rsi-6
7. 1H is overbought, so it's our chance to buy the pullback
8. a good area to buy is near previous support/resistance
9. it's a good risk reward ratio :D
Happy Trading
PS: not a financial advice
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