Bitcoin - Trade The Next Impulse

2018年3月16日

Currency Pair: BTC.USD
Time Frame: Daily, 4hr & 1hr
Predicted Direction: Short

Live BTC.USD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

2018年3月16日

註釋

Pre trade analysis.

2018年3月16日

註釋

Price is getting squeezed on the 1hr TF, i expect an explosive breakout in either direction very soon.
Remember i am watching the 4hr TF for an entry.

2018年3月17日

註釋

A strong rejection of the 4hr 50EMA, 38.20% Fib
A break and close below $7740 would confirm the additional downside expecting price to test 6k.

2018年3月17日

註釋

Price approaching short opportunity should a 4hr breakout occur.

2018年3月18日

註釋

Awaiting a intraday pullback prior to taking this setup short.