Hello everyone, again with you the “KYRREX” project.
As always, we are trying to find logic and patterns in a complex, dangerous, and not very liquid crypto market and trade with our customers and subscribers.
Today we have a great Alpha on the trade desk, Bitcoin in all its glory.
We are looking at the chart with the situation of the last four days, including today.
We can observe the presence of a starting bull candle, initiating the effort of "bulls" in the upward movement. The background for a short-term upward movement is the favorable and interesting moment for the last 20 candles. The initiating bullish candle has been holding the onslaught of oncoming sales for three days, without losing ground. The accumulation of volume and absorption of sales occurs in the upper part of the starting candle, and within the daily range, we can see an increase of volumes the last two days (marked by arrows).
This is a potential working setup for us to move up in a short term, and we are launching the following flight plan:
• BUY: 3990-4000 (any type of order)
• STOP SELL: 3700
• TAKE PROFIT 1: 4270 (half position)
o STOP SELL: zero-profit point
• TAKE PROFIT 2: 4600 (half position)
Wish you a cold mind and success.
Sincerely, your KYRREX project.
Follow us on the air.
* All KYRREX publications are intended only for informational and / or marketing purposes and should not be taken as economic, financial, investment advice, recommendations, or trading ideas. KYRREX does not take into account the purposes and situations of any particular trader in analytical publications and KYRREX is not responsible for any loss resulting from investment based on published analytical materials.
As always, we are trying to find logic and patterns in a complex, dangerous, and not very liquid crypto market and trade with our customers and subscribers.
Today we have a great Alpha on the trade desk, Bitcoin in all its glory.
We are looking at the chart with the situation of the last four days, including today.
We can observe the presence of a starting bull candle, initiating the effort of "bulls" in the upward movement. The background for a short-term upward movement is the favorable and interesting moment for the last 20 candles. The initiating bullish candle has been holding the onslaught of oncoming sales for three days, without losing ground. The accumulation of volume and absorption of sales occurs in the upper part of the starting candle, and within the daily range, we can see an increase of volumes the last two days (marked by arrows).
This is a potential working setup for us to move up in a short term, and we are launching the following flight plan:
• BUY: 3990-4000 (any type of order)
• STOP SELL: 3700
• TAKE PROFIT 1: 4270 (half position)
o STOP SELL: zero-profit point
• TAKE PROFIT 2: 4600 (half position)
Wish you a cold mind and success.
Sincerely, your KYRREX project.
Follow us on the air.
* All KYRREX publications are intended only for informational and / or marketing purposes and should not be taken as economic, financial, investment advice, recommendations, or trading ideas. KYRREX does not take into account the purposes and situations of any particular trader in analytical publications and KYRREX is not responsible for any loss resulting from investment based on published analytical materials.
