Long

BTC Daily Thoughts

:dancer:

5min. Dane with EMA. As we see the dump occured yesterday night PA still trying to get to strategy EMA's everytime but atm cannot break and close above it on this TF.
If this TF breaks it might open doors to continuation of larger TF.

10min. Low volume easy manipulation for both sides :eyes: on RSI

15min. short SIgnal for this TF but no volume atm. notice RSI is at middle and stoch rsi is still got headroom for maybe a breakout

30min. Price is looking for support.
And so do we
but pay attention to stoch rsi IF RSI will drop this is not a good sign as STOCH RSI can get into the bottom level with pressure of seelers rising.

1H. Volume volume volume. Volume is decreasing - Manipulation Is increasing
:eyes: on STOCH RSI :upside_down:

4h. Will it hold support?
all indicators show bear.
BUT if buy volume enters than MACD lines will get further away from each other and STOCH RSI will curve upwards along with RSI itself.
On this TF I give more weight to MCAD as it is harder to "PAINT"

6h. What is this a reversal candle after reversal candle??
(speculating)
:eyes: on stoch rsi

12H. take a look how candle closes at exact 100 EMA line.
Will bulls have enough steam to push this and break the red line (100 EMA).....

1D. Volume we need volume
My entry is 6539.5.
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