BTC (Y20.P1.E20.v2).Ranging price area.Fractal.

2020年2月1日

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 (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

2020年2月1日

註釋

Trying to pin point the next impulse resistance is difficult but could be very worthy.
Which of these charts, if any resonate with you?.

2020年2月1日

註釋

CME Gap, Maybe a wick to the downside and up she goes

2020年2月1日

註釋

Bitcoin dominance heading south just a little more

2020年2月1日

註釋

2020年2月2日

註釋

I was right about the CME Gap being filled with a wick.