BTC Macro Formation. Inverted BARR structure (Y20.P2.E11)
Atualizado
Hi All,
** This is an updated version to my previous post today **
In the bottom section, I have posted close up images of this post so its more clearer to understand.
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*** Just note > Currently we have not passed the trend line. Until we pass this trend line, we are not in the bump run phase.
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I had a question that didn't sit well with me on the previous post (below). So to answer this, I looked back to the history.
>The QUESTION:
Do we have the log setting switched on or off ? ............(As it impacts the trend line)
So I made the effort to answer that here.
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As for the current BTC price action.
If we don't hold the 6850 to 7000. We will likely revisit the high 4K (4800 to 5200).
=============================================================================
For more details, please refer to my previous post
Please give me a tick or a like as an appreciation of this post.
Regards,
S.Sari.
** This is an updated version to my previous post today **
In the bottom section, I have posted close up images of this post so its more clearer to understand.
=============================================================================
*** Just note > Currently we have not passed the trend line. Until we pass this trend line, we are not in the bump run phase.
=============================================================================
I had a question that didn't sit well with me on the previous post (below). So to answer this, I looked back to the history.
>The QUESTION:
Do we have the log setting switched on or off ? ............(As it impacts the trend line)
So I made the effort to answer that here.
=============================================================================
As for the current BTC price action.
If we don't hold the 6850 to 7000. We will likely revisit the high 4K (4800 to 5200).
=============================================================================
For more details, please refer to my previous post
Please give me a tick or a like as an appreciation of this post.
Regards,
S.Sari.
Nota
Looking at the price action now. It looks like 6600 to 6650 might be a good entry.I will wait for the signal indicators to turn upwards on the 6 hourly to turn upwards.
Nota
Added more into the micro level and corrected a few assumptions.Nota
Ref: BTC.ChartUpdating the details for this macro thesis
Nota
updating this chart as its perfect so far
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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