This is a continuation of the previous post "BTC-Y20-P1-E20-Ranging-price-area-Fractal"
Observation:
Previous fractal had convergence, here we have a bearish div., how and when this will effect the price action is the question.
Thoughts:
Buy zone or entry point for this would be above resistance line of present.
Me, I already entered in the 9200s.
Recently someone pointed out that they have focus on the 12 EMA on the daily and how we track with it (www.tradingview.com/...u/bitcointrader3764/)
He made a good point.
Looking at the previous region last year, the 12 did play a role and as a strategy for entry to the 8 HRLY charts for the cradle-zone moves looks promising.
PREVIOUS POST
Observation:
Previous fractal had convergence, here we have a bearish div., how and when this will effect the price action is the question.
Thoughts:
Buy zone or entry point for this would be above resistance line of present.
Me, I already entered in the 9200s.
Recently someone pointed out that they have focus on the 12 EMA on the daily and how we track with it (www.tradingview.com/...u/bitcointrader3764/)
He made a good point.
Looking at the previous region last year, the 12 did play a role and as a strategy for entry to the 8 HRLY charts for the cradle-zone moves looks promising.
PREVIOUS POST
Comment:
CME Gap, Maybe a wick to the downside and up she goes
Comment:
Bitcoin dominance heading south just a little more
Comment:
Comment:
I was right about the CME Gap being filled with a wick.
Discord: TradeToProspa
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Which of these charts, if any resonate with you?.