BitcoinLong
Bitcoin: Institutional candles printed?
Strong F.U candles can be seen on smaller timeframes. These candles possess huge volume backed by banks and institutions (sharks). My areas of interest for execution of trades are based on these candles.
The first zone where I'm looking for long opportunities is 24k-24.5k
The second zone where I'll be keeping my eye is between 22.6k-21.9k.
The reason?
1. Institutional candles at those zones.
2. Retracement levels after the major pump
3. Previous price actions.
The first zone where I'm looking for long opportunities is 24k-24.5k
The second zone where I'll be keeping my eye is between 22.6k-21.9k.
The reason?
1. Institutional candles at those zones.
2. Retracement levels after the major pump
3. Previous price actions.
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