Bitcoin re-evaluation, New outlook.

ที่อัปเดต:
I am rethinking my strategy and targets (
Bitcoin to 6.3k then to 7.4k
) as volume has been disappointing. we can see that 6300$ is a very tough resistance to break. We had 2 wicks through it but never closed above it.

why 6300 region is tough barrier to break:
- Tenkan 1D
- Kijun 12H
- 0.5 fib retrace

why 6300 might break:
- have been poked 5 times in 1H, which makes it weaker
- 12H RSI holding very bullishly
- lower 6.2k have printed instant lower wicks
- current price is sitting on 0.65 fib retrace.

Plan:
- keep watch on volume
- move stop to profit
- if dialy closes red, high wick, or shows more weakness.. take profit and wait for another entry.


Analyze daily

AresTrade
บันทึกช่วยจำ
some 1H bullishness.
สแนปชอต
บันทึกช่วยจำ
^^^^ i meant tenkan lol
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