1/5 - BTC Current Price 🔥Action🔥 on the 12 min time frame with MarketCipher.
Red Line - High volume node of the range
Yellow lines - Fib Levels
Blue Tilt line - Moving Support line
tradingdog
bullish
BTC BTC
*Market Cipher*:
Market Cipher - The best indicator around
2/5 - What we have seen - Bear divergence between price and momentum Waves on MarketCipher as seen below.
tradingdog
bullish
BTC BTC
3/5 - What we are looking for - Looking for a Bull divergence at the 0.382 Fib level for another move up. Golden pocket is another long option if we see a bull div there as well.
tradingdog
bullish
BTC BTC
4/5 - Furthermore we see a large split in the RSIs, would like to see a bull div here as well to confirm a possible long entry.
tradingdog
bullish
BTC BTC
5/5 - If we do see a move up, will be looking for shorts up at 17040.
You do you and I will do me. Keep it simple. MarketCipher
tradingdog
bullish
BTC BTC
*Market Cipher*:
Market Cipher - The best indicator aroundThis post is based on this twitter thread.