What’s good guys…
The two images above take the 1hr time frame and the 5m time frame.
The 1hr time frame is showing you the overall structure of what is happening and the range we may see bitcoin take.
Looking at the 5m time frame you will notice i pulled up the Vol profile for each of the moves in relation to the current price.
Study these charts…
Regardless of what will happen, understand that the behavior of the market is showing signs that they may move higher…
Be mindful of new york…We may have had the retrace which is shown by the 1 hr time frame stopping volume candle…Btc can return down here in New york…
Consider the EMAs – 5 and 13 still pointing higher and not showing signs of a breaking down..
IF you are in trades that are profitable, take something…
Let’s see how this one plays out…
Mad Love
T
