Showing here my 1-Up formula on a weekly timetrame. This shows us action is 100% bullish above 8600. Aside from this chart I may even be a buyer as low as 9300. If we break and start closing below the 8600-8200 range this will break the strong weekly config. I'm looking to HODL BTC as my main currency above these levels, but I did cash out of my spot long recently due to the seemingly weak price action on the weekly . Although the week has just started we can see a bearish cross happening if we maintain these levels. I think my potential buy zone on this chart is very much a possibility considering this cross combined the RSI + MFI headed downward on the weekly. Don't get me wrong I am macro BULLISH on bitcoin, especially with this config, as it is known to make hyperbolic moves in these zones, demonstrated by the last weekly uptrend. I'm just waiting for these weekly warning signs to play out before I re-acquire my weekly HODL position. Be safe and trade at your own risk. Anything can happen. Please leave a like if you can!!
액티브 트레이드:
Most accurate call on Tradingview? Haha. We tapped 8.9 buy zone, then took off. Weekly looking good for possible massive continuation.
거래청산: 타겟 닿음:
Closing long positions 11,675 . Expecting a daily retrace within the weekly bullish uptrend. Trade safe.
