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BTCUSD Cryptos Bullish or Bearish ? See what I think
· M ·
Created a HL position with a thick previous bearish candle. Target to area is retest 50% of bearish wick.
· W ·
Last week ended with a bearish candle for a higher right leg double bottom. can be seen as inverted h/s if you include the liquidity wick.
· 4h ·
4 rejections of strong demand zone.
1. Bullish Engulf
2. Pin bar wick to the bottom
3. Bullish Engulf
4. Morning Star
· 1h ·
Crossed over SMAs with the 8 ma begging to cross over the 50ma. Currently at retest.
Created a HL position with a thick previous bearish candle. Target to area is retest 50% of bearish wick.
· W ·
Last week ended with a bearish candle for a higher right leg double bottom. can be seen as inverted h/s if you include the liquidity wick.
· 4h ·
4 rejections of strong demand zone.
1. Bullish Engulf
2. Pin bar wick to the bottom
3. Bullish Engulf
4. Morning Star
· 1h ·
Crossed over SMAs with the 8 ma begging to cross over the 50ma. Currently at retest.
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