Hello friends,
I have examining the bitcoin chart and I have seen that is in support area and below the VWAP band that signals to buy!
Also SAR balls are there, and looks like that its trying to recover.
Stop loss at 29300
TP 1 30600
TP 2 31400
Good luck
I have found this strategy to find possible gap ups.
set up
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On Hourly Chart
Plot EMA 200 ( in the above chart it is blue solid line )
Add VWAP , set weekly setting
Add EMA , set period to 9
Change the source of EMA 9 to VWAP
Lets call this ema9 setup as EMA9VW (in the above chart it is purple line)
BUY
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EMA9VW is above ...