🚀 Bitcoin ~ 3D Higher Low bouncing to lower high Most Likely

11 เม.ย. 2022

Please first watch the video “Cautious Bulls Anticipate Local Higher Low” posted April 7th linked in the Related Ideas below. We are now focused on the 3D higher low swing low to 3D swing high higher high Fib ”Golden Pocket” region (41.4K – 40K). Due to the size of the pullback from 48K it is now more likely price will print a lower high on a bounce. Price discovery has currently printed a midterm time frame primary and secondary low. The secondary bounce got rejected at the 4h 200 EMA resistance and is currently seeking the tertiary low. We can anticipate this could be a midterm timeframe capitulatory low wicking into the GP region completing the local low. We are now “cautious” Bears proactively scouting shorting a lower high bounce after the local low is set.
For me personally (make your own trade decisions): Step 1. Local low must print on mid-term time frame, Step 2. Scout bullish RSI divergencies based on the primary to tertiary price discovery candle close lows to lower lows. Step 3. Proactively place limit orders either long to average down or short to hedge into lower high bounces.

Welcome to our enTHUZed trading community!

Our educational crypto trading group is focused on learning trading through actual trade repetition. Learn enTHUZed’s quick and easy Strength Trading system using simple chart indicators to “short the Rips and long the Dips”! We cover these major trading pairs regularly: BTC , ETH, AVAX, DOT, ENS, LTC, SHIB, & SOL along with the current Bybit USDT derivatives trading pairs.

Check out our TradingView Bitcoin & Altcoin Technical Analysis videos, Stream Team TradingView LIVE trading streams, or participate in our educational Locker Room videos.

Live Stream schedule: Sunday 10:45 EST, Monday to Saturday 9:45 EST. Stream will last 1 hour.

DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.