This is a continuation of the previous post "BTC-Y20-P1-E20-Ranging-price-area-Fractal"
Observation:
Previous fractal had convergence, here we have a bearish div., how and when this will effect the price action is the question.
Thoughts:
Buy zone or entry point for this would be above resistance line of present.
Me, I already entered in the 9200s.
Recently someone pointed out that they have focus on the 12 EMA on the daily and how we track with it (tradingview.com/u/bitcointrader3764/)
He made a good point.
Looking at the previous region last year, the 12 did play a role and as a strategy for entry to the 8 HRLY charts for the cradle-zone moves looks promising.


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Observation:
Previous fractal had convergence, here we have a bearish div., how and when this will effect the price action is the question.
Thoughts:
Buy zone or entry point for this would be above resistance line of present.
Me, I already entered in the 9200s.
Recently someone pointed out that they have focus on the 12 EMA on the daily and how we track with it (tradingview.com/u/bitcointrader3764/)
He made a good point.
Looking at the previous region last year, the 12 did play a role and as a strategy for entry to the 8 HRLY charts for the cradle-zone moves looks promising.
PREVIOUS POST

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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.