Volume is increasing, bull flag forming, RSI is falling
Look for RSI to drop further on consolidation with MACD as the wedge tightens.
If wedge continues to tighten, and RSI below 50 & breakout from wedge starts with increased volume,
consider entering trade /w stop loss @ 945
If bitcoin starts to decline, exit position.
Look for RSI to drop further on consolidation with MACD as the wedge tightens.
If wedge continues to tighten, and RSI below 50 & breakout from wedge starts with increased volume,
consider entering trade /w stop loss @ 945
If bitcoin starts to decline, exit position.
Kommentera:
Looks like its setting up, minor breakout from wedge, but not enough volume yet.
Kommentera:
And here's the volume spike <3
Kommentera:
Exited trade at 8080, My entry was 7616
Kommentera:
Edit** last comment was wrong chart :D