Long

BTC bounce around here or sub $8k likely.

Updated

We will need to see a bounce around here. If 200 D MA and trend line break. I'll be watching for the next trend lines around 8k.

Note

200MA broke. The trendline is holding perfectly for now.

Orderbook data not looking strongest at the moment but keeping an eye on it. Orderbook can change quickly.

TD9 buy on the 4hr will be coming up.

Watching for the order book to fill and TD9 for a buying opportunity

Note

On 4hr TD9 buy. Back over 200MA, which is now acting as support.

The order book is looking stronger.

Looking good to trade a bounce.

Trade closed: stop reached

Sorry I couldn't update earlier. Not the kind of bounce I am looking for. I will look for a better reentry.

BMoom

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.