Bullish Q4
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Based on upon my evaluations, this zone's median price of the Weekly support was 25255.09
I have determined that there has been a break of structure. Additionally, divergence has been made located within the 4 Hour time frame and the Daily timeframe.
Divergence
4 Hour to Daily timeframe listed respectively.
I feel there will be more to come of this bearish trend but we must continue on this correction move to at least $38,200 before even think about selling again.
I will be making further assessments on this via idea post as this trade progresses. I will share my thoughts as to where Bitcoin price is going once it has reached our target.
I have determined that there has been a break of structure. Additionally, divergence has been made located within the 4 Hour time frame and the Daily timeframe.
Divergence
*25613.5 - *25314.09
*25324.0 - *25428.2
4 Hour to Daily timeframe listed respectively.
I feel there will be more to come of this bearish trend but we must continue on this correction move to at least $38,200 before even think about selling again.
I will be making further assessments on this via idea post as this trade progresses. I will share my thoughts as to where Bitcoin price is going once it has reached our target.
Feel free to comments and leave some ideas
Ghi chú
It appears that we are consolidating at the bottom of a consolidation zone. Break-out to the upside is looking promising.Ghi chú
Placing this trade at breakeven at 2:35 am cst. Going to sleep and practicing risk management.
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