BTC💹
Outlook: BTC has been breaking bullish on our Daily time frame and has shown great signs of accumulation, price is currently re-accumulating and has corrected under the 10 and 20emas. Scaling down to our 5hr time frame we are currently inside this Daily impulse leg and could see price continue to that Daily high. However I want to see bitcoin correct and come down to the 10 and 20ema to show a valid correction/re-accumulation and leave enough space for the 30m and 5m time frame to do the same thing for my entry setup and criteria.
Bias: Bullish but needs time to correct on the 5hr time frame before I look for any longs.