Good morning and hope everyone had very wonderful and merry Christmas!
I am back to business now and hope we all can start the year 2020 with some great trades in a couple of days.
Let´s have a quick look at the 4-hour chart of Bitcoin, where we can see a rather clear bounce off the Weekly Pivot and key-level support.
To reach the $7.6k again, we need to break this currently disturbing trendline on 4h. (White, dotted)
As usual I have marked all levels for you, that can turn the picture and initiate short-termed trades / scalps.
Remember: Don´t predict, make plans. Don´t assume, react.
Happy trading and have a nice weekend!
(Sorry been painting this chart yesterday, so my long-scalp is already closed since an hour)
______________
Neru
I am back to business now and hope we all can start the year 2020 with some great trades in a couple of days.
Let´s have a quick look at the 4-hour chart of Bitcoin, where we can see a rather clear bounce off the Weekly Pivot and key-level support.
To reach the $7.6k again, we need to break this currently disturbing trendline on 4h. (White, dotted)
As usual I have marked all levels for you, that can turn the picture and initiate short-termed trades / scalps.
Remember: Don´t predict, make plans. Don´t assume, react.
Happy trading and have a nice weekend!
(Sorry been painting this chart yesterday, so my long-scalp is already closed since an hour)
______________
Neru
