Taking $BTC Long. Looking for $25k+
Reasoning Thread📜 HTF D3
Ichimoku "Golden Cross" accured the last D3 candle signaling an HTF bullish move forming The Kumo is turning bullish, even thought pointing downwards, the signal is not very clear yet Price at Kumo Next 👉
D3
The last closed candle doesn't give a clear signal of the buying/selling dominance. For more clarity, will be looking for the current one to close In best case scenario, candle close above 24000, not wick - where the Senkou-Span B is This will give me a lot of peace Next 👉
D1:
Price at support area from Nov 22 & latest consolidation, after filling the inefficiency gap.
Here is also located the EMA200 RSI at 50, reset, and ready for more upside Ichimoku bullish
Chikou Span above candles
Kumo & Kijun-Sen signaling range D Gap Filled Next 👉
H4
Doesn't look particularly good Kijun-Sen & Tenkan-Sen gave hint for downward momentum on Feb 6 crossing each other for "Death Cross", even though I don't take them seriously on an HTF uptrend, still, it is something to take notice of. Kumo bearish & Range bound Next 👉
H4 Price sitting at:
- Range low
- Nov 22 & Last Consolidation Support Area
- EMA/MA200
- Jan 23 Gap Filled RSI oversold and made some divergences that may be seen very clearly in H1
AO Bearish and gaining momentum Reclaim & hold 23 ->🤝
H1
Heavily oversold & making RSI Divergences in the oversold area
AO gaining bullish momentum, even still not in the bullish side Price at Range Low & Support Zone No H1 Ichimoku. Doesn't work for me on LTF below H4 If you gain any useful information consider:
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