BitcoinLong
Bitcoin Setup
Updated
Nothing much has happened in the last couple of days , Bitcoin looks like it's setuping up like the last two times, bullish divergence building already.
USDT dominance could break the top of the channel but should get rejected off the top of the triangle.
As long as we set a lower high nothing to be alarmed about , we have the higher time frames backing us up here and know that the bottom has a very high chance of being in so until we set a lower low on medium timeframe we prepare for a long position and drown out all the FUD ,FOMC meeting and all the rest of the crap distracting from the charts.
USDT dominance could break the top of the channel but should get rejected off the top of the triangle.
As long as we set a lower high nothing to be alarmed about , we have the higher time frames backing us up here and know that the bottom has a very high chance of being in so until we set a lower low on medium timeframe we prepare for a long position and drown out all the FUD ,FOMC meeting and all the rest of the crap distracting from the charts.
Note
Will update with new TA of that long trade "if" we get that lower high and buy signal i'm looking forNote
Bought some 3X leverged ETH tokens here , eth is way to oversoldNote
Bullish divergence building and MFI buy flashed Note
Rejection from USDT Dom , downtrend reumes for now Note
Issue here that we have weak volume coming into VWAP which is not good , you always need high volume to flip VWAP so possibly one more swing down before upside is very possible Note
Expecting the exchanges to go full scam mode around FOMC meeting , rising wedge in negative VWAP low volume means downside Note
VWAP flipped , rising wedge failed to break Note
Will wait for the retest of VWAP maybe happens tonight or tomorrow , will update trade on new TANote
amazing what can happen when VWAP is flipped lol , this was always going to happen , we had higher timeframe backing us up , will wait for a pullback before going in 2hour massively OBNote
2hour stoch crossed , so still waiting for a pullback a very small one tho for better entry there is no rush Note
No pullback lol , no trade will sit this one out for now
t.me/+8CRZJqXrjwU4ODA0 re-launched telegram group , it is free , just place to chillout talk about crypto bull market , will be posting trades live randomly
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