Long
Updated

BCD Swing trade opportunity

481
If TD doesn't lie, after 9 candles, we will see some movement.

4H chart also shows this coin is ready to move. Volume catches up on major on major support area.
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CMF is indicating on accumulation. Money are quietly flowing into this coin.
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Ichimoku cloud now is strong resistance.
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tradingview.com/chart/Bt7OHaPX/

I will look for entry seeking for early divergence with Chaikin Money flow 10, 20 periods on series of narrow range day. If i miss it, i will simply buy Break out from the cloud.
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This is 1 hour chart by the way.
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Cloud is now acting as support. If we break. i will try to accumulate it at support.
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It will depend on what bitcoin is doing
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Final thought. I will want to see narrow range days before I will load it (green box). There are a few better speculation opportunities than that.
Trade active
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Got stopped out. Will be seeking another entry point. The thing I like so much are these narrow range days.
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+ TF hit 9 on 4H chart. Probably under strong accumulation now.
Trade active

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