$BTC - Technical Analysis Weekly Last candle traded to 0.5
CryptoPotato
Updated at: 7 hours ago
{"content":"$BTC - Technical Analysis
Weekly
Last candle traded to 0.5 of old candle's wick then closed above it as indecisive candle. Looking for consolidation or reversal in PA.
Noting that last candle tagged 0.5 of W W again. It's kinda created relative equal Hs.
Lets see how P reacts to both wicks of last candle's wick.
This week we have 2 high impact eco news in one day. Fed rate and FOMC on Wednesday.
Daily
Last candle traded to daily +OB the closed below it as indecisive candle. Looking for consolidation or reversal in PA. Let's see how today candle trade cause I kinda need more info.
H1
If P sweeps buyside, I will likely to look for short.
One thing to notice is P is consolidating. If P expands with momentum to the upside, It's likely to trade even higher.
I need more info from intraday PA to look for setup.
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Abbreviations are explained & pinned in my profile.
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