I would just like to try to explain my thought process on how I will trade Bitcoin today, especially the opening of October monthly candlestick
It is best to actually wait for the closing of this Weekly candlestick, and have a strong overall directional bias for the Month, and Week by waiting the closing of the current weekly candlestick.
Again, most cryptocurrency like alt coins are in the green especially those that have bullish alignment
While those in bearish alignment are having a hard time pumping and getting out of the EMA dynamic resistance.
Overall my view is still bearish until we break above the previous high.
Thank you for watching and hope you like this video.