Some more BTC thoughts:
I like the way pullback looks on 4H TF, however would want to see price rise to 12300 - 12700 to test regression trend and low volume area of volume profile. There I will look for intraday trend to turn downwards again and only after that will look for shorts. Stochastic lined up for a perfect pullback, btw
I'm a bit onfused by daily TF since 1D bars suggest if not a reversal, at least 1-2 day retrace. However tomorrow is friday, statistically worst day for BTC performance, so we're getting mixed signals here.
If this happens, i will short with target at 8500
I like the way pullback looks on 4H TF, however would want to see price rise to 12300 - 12700 to test regression trend and low volume area of volume profile. There I will look for intraday trend to turn downwards again and only after that will look for shorts. Stochastic lined up for a perfect pullback, btw
I'm a bit onfused by daily TF since 1D bars suggest if not a reversal, at least 1-2 day retrace. However tomorrow is friday, statistically worst day for BTC performance, so we're getting mixed signals here.
If this happens, i will short with target at 8500