btc goes for the reversal
Goodmorning,
As i look at the big picture of btc i see that de ema 200 on the 4hr timeframe is being a guideline.
As long as we stay under it we are still bearish, but my expectations are because of the buy pressure, the accumulation like patten and the "clear the fud" conference that we will break that.
Some closes on the daily/weekly in the blue box, above range mid, would give me the confirmation.
Lets wait and see
Disclaimer: always choose your own trades and use proper riskmanagement when you do so. this is not financial advise
As i look at the big picture of btc i see that de ema 200 on the 4hr timeframe is being a guideline.
As long as we stay under it we are still bearish, but my expectations are because of the buy pressure, the accumulation like patten and the "clear the fud" conference that we will break that.
Some closes on the daily/weekly in the blue box, above range mid, would give me the confirmation.
Lets wait and see
Disclaimer: always choose your own trades and use proper riskmanagement when you do so. this is not financial advise
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