BITCOIN - Short-Term Observation (Repeating Pattern)

Hello my friends! I've made an interesting observation on the 4 hours time-frame of Bitcoin (BTC).
According to my idea, we might see a move to the 9150.00 area in the next hours.
The yellow boxes highlight the volatility in a period from sunday to monday. The price moves from a swing low to a previous high (dotted lines).
This works out on a weekly basis.
Our buy-setup is confirmed by a bullish cross on the MACD and yesterdays oversold condition on the RSI.

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Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only

Trade stängt: målet nått:

fairly easy

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Kommentera:

We will see some more bullish movement. I will update this chart soon!