XBTUSDBTCUSDBTC Daily Thoughts
1d. nuff said all in screen shot.
12H. clearer view of the breakout/fakeout. Can see that lots of pressure on high leveraged shorters as "close short signal" kicks in.
BUT price retraces to strategy's EMA's
Indicators looks bullish to the naked eye but imo MACD will get lines a bit closer then DUMP.
6H.Break it down some more...Nice candles but volume atm of screen shot is lacking suggesting that steam is about to be over for BULLS.
3h. grenn double edged candle suggesting that reversal is playing out. :eyes: on strategy's EMA's (16,48) as they are the support or resistance
2h. tested first support and found it. :eyes: on stoch. will it only coll off or will it dropo to new cycle?
90min. SELL volume is rising, if no buys will enter that would trigger a dump imo
30min. dont be greedy :sunglasses:
15min. Brave decision making TF. :eyes: that volume is very low therefor manipulation is easily executed for both directions buy and sell. NEVER HIGH LEVERAGE.
5min. Shall we scalp?
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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.