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So the 1K$ move in less than an hour was interesting, to say the least.
now we are moving towards the resistance (dynamic ) we have seen during the 11.5K and 17K move.
for the TA:
-> Heavy cloud resistance so no long trading until that has been broken.
-> BB is showing an uptrend opportunity but a retrace to the MA + bounce would be good as confirmation of the trend.
-> RSI confirming the dynamic resistance.
-> Volume breaking out on the 4H but not on the 1D.
Keeping it short but sweet since the cloud + dynamic resistance is basically all you need to know.
Keep an eye on the FA part: Mining profitability prices. ( Bloomberg did an article about it )
As Always,
Happy Hunting!
So the 1K$ move in less than an hour was interesting, to say the least.
now we are moving towards the resistance (dynamic ) we have seen during the 11.5K and 17K move.
for the TA:
-> Heavy cloud resistance so no long trading until that has been broken.
-> BB is showing an uptrend opportunity but a retrace to the MA + bounce would be good as confirmation of the trend.
-> RSI confirming the dynamic resistance.
-> Volume breaking out on the 4H but not on the 1D.
Keeping it short but sweet since the cloud + dynamic resistance is basically all you need to know.
Keep an eye on the FA part: Mining profitability prices. ( Bloomberg did an article about it )
As Always,
Happy Hunting!
Note
Watching this channel right now
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.