Tuesday, July 6, 2021

20210706 11.00 BTCUSD trading.

 

  • Tue 20210706 11.00 BTCUSD 1h (see AI settings here).
  • SMA21 was falling.
  • Price hung around SMA21 for 10 hours.
  • At 11.00 hours, sellers who entered long positions below 34,797.33 during past 26 hours were stopped out by the bar +2 that strongly shot up over -9 blue resistance line, SMA21 line and SMA233 line simultaneously.
  • A buy long position sent at 34,699.12 or below during the next bar could have returned at least 10 pips (10,000 points) within 4 hours.

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