Bitcoin
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BITCOIN RANGE LONG TRADE

834
Pair has been in a 1H range for a while
Price at bottom of range
Wicks at bottom of range shows no sellers
If price reverses it can rise to 50 sma and pause
Price could consolidate there or break above 100 sma
Price could then rise to top of range.
Nota
15m/1H dual chart helps to follow price
syot kilat
Nota
sorry 1H - 15m
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Nota
On our 15m chart we have either a bearish flag or an ascending channel
syot kilat
Nota
1st take profit hit
syot kilat
Nota
Price fell back into ascending channel
Price now has broken above channel
Price has entered 2nd long trade
syot kilat
Nota
Hit top of range take profit
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Nota
Bounce of top of range short trade
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Nota
Bullish breakout of range top
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Nota
Price took out take profit at -61.8% fib like a freight train
syot kilat

Penafian

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