Just posting it here to check my results and logic underlaying later.
I believe that BTC in uptrend and there is no stops to rich 13.9k high unless another wave of fears.
BTC becoming more and more popular, the hype about its invention should be played out.
I believe there is huge correlation between BTC and SPY at momentum of large price moves.
Yesterday SPY hit 2950 and at the premarket it is about 2940, reversing RL to SL.
Hence there is space to show continuation of upward trend unless till 10400.
But I want to catch 2% that have to be seen according to my correlation proposal
I put Buy at 9725 because I can see RSI14 over 80 on 30m timeframe.
I believe that BTC in uptrend and there is no stops to rich 13.9k high unless another wave of fears.
BTC becoming more and more popular, the hype about its invention should be played out.
I believe there is huge correlation between BTC and SPY at momentum of large price moves.
Yesterday SPY hit 2950 and at the premarket it is about 2940, reversing RL to SL.
Hence there is space to show continuation of upward trend unless till 10400.
But I want to catch 2% that have to be seen according to my correlation proposal
I put Buy at 9725 because I can see RSI14 over 80 on 30m timeframe.