BTC Long from 37500 playing out
Conditions for Long:
1. Clear S/R flip of 37500 which was previously rejected 4 times. We bounce with long-tail wicks denoting strong buy pressure.
2. Hourly supertrend held (blue line).
This may be a false breakout of the range, so I will take partial profits. If we manage to hold the red region I will compound my long.
1. Clear S/R flip of 37500 which was previously rejected 4 times. We bounce with long-tail wicks denoting strong buy pressure.
2. Hourly supertrend held (blue line).
This may be a false breakout of the range, so I will take partial profits. If we manage to hold the red region I will compound my long.
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