BTCUSDT, Daily Technical Analysis (19 Feb 2020)
Wait to buy up from $9500-$9600
BTCUSDT rebounded from the area below 9500 to above the 10,100
The downtrend may not form (H4, D1)
Pin bar yesterday below did a good job, launched a rebound wave for BTCUSDT
BTCUSDT switched to a trading range from $9500 - $10.500
The uptrend of BTCUSDT is very strong now.
Reflected in the last 3 consecutive up candles with wide range and high volume.
This type of increase is very strong (3 candles up)
Keep looking at buying area around $9500 – 9600 when there is an increasing setup.
Now wait to buy from $9500 - $9600
Wait to buy up from $9500-$9600
BTCUSDT rebounded from the area below 9500 to above the 10,100
The downtrend may not form (H4, D1)
Pin bar yesterday below did a good job, launched a rebound wave for BTCUSDT
BTCUSDT switched to a trading range from $9500 - $10.500
The uptrend of BTCUSDT is very strong now.
Reflected in the last 3 consecutive up candles with wide range and high volume.
This type of increase is very strong (3 candles up)
Keep looking at buying area around $9500 – 9600 when there is an increasing setup.
Now wait to buy from $9500 - $9600