Comment $BTC September 26:
- 1D frame: yesterday's candle closed red, quite ugly, however, the volume was low and after BTC retested the 626x resistance zone, as I predicted yesterday (falling into case 2 retesting the 625-630 zone), BTC has now increased rapidly by more than 1k price
- D4 frame: the previous D4 candle closed red, the upper wick was quite long, however, the candle body was too thin and easily broken. And if the price is kept above the 625x zone, I believe that BTC in this D4 candle will surpass the peak of the 648 zone that the previous D4 candle reached
- W1 frame: looking at this frame, we will see more clearly that the recovery to the 626x zone this morning is also the recovery to the MA line of the BB band, the price is still above, showing that the uptrend is continuing.
=> My opinion:
- I am currently Long again, as long as BTC stays above 625, I believe the uptrend in BTC's large frames has just begun!
Good luck to you all!!