BTCUSDT Two or three more 4 hour closes below the 200 EMA, and we are likely to see a bloody January. This coming double bottom at 90-92k area is a must hold support, and it must be strong. Strong enough to close 4 hour candles above the 20 EMA. The 4 hour has not closed a candle above the 20 EMA since Dec 18 at 6 AM CST.
An alternative to dumping deep into the 70s would be spending the month of January ranging between 80k and 100k establishing major support/resistance levels in this range much like the 50-70k range. Support/resistance levels in price discovery can be temporary. Especially supporting prices that are likely considered overvalued to whales who want to buy low.
BTCUSDT looking to buy when price gets to 91600-90000 zone. the now moments will decide when we get there. if we have a flash crash or a bounce upward. time will tell, stay observing
BTCUSDT.P Having some TA fun before the Christmas kicks in. Seems we're nice on our way to 87030, with slippage to 85225. After bouncie, bouncie back to 95200 ish, and we'll go for another one.
BTCUSDT Progression of current trade. First entry price of 95,900. After adding to it my entry is now 95,134. I will keep adding to it at anything under 96k. Of course I prefer adding to a trade that is instantly in the green, but sometimes we have to flow with where the market carries us.