My BTCUSD analysis

2020年6月27日

Here is my mark up of BTCUSD. Top down analysis from DAILY TF shows BTCUSD wanting to come down. Use levels shown in picture for breakout entries. Obviously, price action is KEY and BTCUSD will do what it want. So, the layout can help you for SELL opps or BUY opps. But as of now my bias is looking for a SELL. The black line Rep my 200 EMA, and you can use the cloud and conversion line for extra confirmation for sell or buy. If price is BELOW black line and BELOW the cloud and the YELLOW line crossed the white LINE DOWN, i look for entry on the next FLAT TOP Red candle. its that simple dont make it hard!