Good morning!
Bitcoin consolidated in the Failure Zone between $6.5k to $6.6k and then closed above it twice. The last close was a bullish bounce from the 4H Pivot 2 B.
As long as we're keeping above Pivot 2 and maintaining the range within this channel, we're likely to move towards the Daily Failure Zone.
Breaking Pivot 1 would be bearish.
For swing trades, buy zone is at the Pivot 2B and 2C and take profits at $7.5k, $7.7k and $7.9k. For day trading, buy between 6.6k to 6.9k would still be a decent 2R Trade.
Don't forget to DYOR and plan your trades. This is not financial advice.
If you like this idea, don't forget to hit LIKE!
Good luck,
Crystal :)
***
CrystalBot. io | Fully Automated Cryptocurrency Copy Trading Platform
Bitcoin consolidated in the Failure Zone between $6.5k to $6.6k and then closed above it twice. The last close was a bullish bounce from the 4H Pivot 2 B.
As long as we're keeping above Pivot 2 and maintaining the range within this channel, we're likely to move towards the Daily Failure Zone.
Breaking Pivot 1 would be bearish.
For swing trades, buy zone is at the Pivot 2B and 2C and take profits at $7.5k, $7.7k and $7.9k. For day trading, buy between 6.6k to 6.9k would still be a decent 2R Trade.
Don't forget to DYOR and plan your trades. This is not financial advice.
If you like this idea, don't forget to hit LIKE!
Good luck,
Crystal :)
***
CrystalBot. io | Fully Automated Cryptocurrency Copy Trading Platform