Will BTCUSD finally start going Long? #BTCUSD

11 Okt

Here is an analysis of BTCUSD. HTF is on a Correction and has mitigated the discount demand zone. It leaves the MTF on a Bearish immediate bias which still options for selling opportunities. However, the LTF will the deciding factor whether it breaks the i-CHoCH or not. Break will result in long opportunities whilst failure to break LTF i-CHoCH will result in short continuation. Overall, BU is still neutral for now