BTC Uptrend: Bullish div BTC Weekly, and Pullback to EMA on 1D
This setup is about a pullback to the Value zone on the daily, and the larger setup on the weekly: A bullish divergence.
1W:
Bullish divergence on the weekly, but only on the MACD-H, so I rate it weak. It might look strong, but these are the facts: only a bullish div on MACD-H, not on any other indicator. Stochastic RSI is curling up from an oversold condition. I give this idea the benefit of the doubt and have a conservative target slightly below the Slow 22-EMA, where I will take off 66%.
I'll let the remainder run with a traling stop.
1D:
There is a ride the trend setup, in which the price is pulling back to the Value zone. I enter with only 50% now, because it's not clear if the pullback is forming a low, or if it will go lower. For the other 50% I'll wait for the daily close and look for the situation on the 4H at the end of the day.
R/R:
1:1.6 e: 22500 s: 18750 tp: 29000
1W:
Bullish divergence on the weekly, but only on the MACD-H, so I rate it weak. It might look strong, but these are the facts: only a bullish div on MACD-H, not on any other indicator. Stochastic RSI is curling up from an oversold condition. I give this idea the benefit of the doubt and have a conservative target slightly below the Slow 22-EMA, where I will take off 66%.
I'll let the remainder run with a traling stop.
1D:
There is a ride the trend setup, in which the price is pulling back to the Value zone. I enter with only 50% now, because it's not clear if the pullback is forming a low, or if it will go lower. For the other 50% I'll wait for the daily close and look for the situation on the 4H at the end of the day.
R/R:
1:1.6 e: 22500 s: 18750 tp: 29000
הערה
I did not add more, it went to fast and did not find a proper setup at this pullback. Currently it is pulling back again and I wait for a low to form and will add the other 50%. We need to wait for this pullback to form a higher low, or already bounce here at the EMA. It needs to be confirmed for me to add the other half.עסקה סגורה: הגיע לסטופ
Stop was reached, but new setup has been posted. Let's try again. Sorry to have posted a loser, but that's part of the game. 
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.