BTC long is almost there...

THIS IS MY OWN PERSONAL ANALYSIS AND IS NOT FINANCIAL ADVISE.

First of all, this is a continuation of my last post where I expressed that yesterday was a NO TRADE DAY, it wasn't clear to where #BTC was going.

Today we have a better idea on the short term... I like scalping so for me this isn't a long term trade.

Yesterday we had this:

On daily chart now we have this:

You see how between yesterday and today we had a liquidity grab into the interest zone (remember it is not marked up to the cent, it's a whole area) and now we are bouncing back to resistance.

We are almost at the area that will tell us if we are going higher to test again the $10,xxx of if we will be rejected.

At simple view on daily it seems we have broken the support of the uptrend we had, but for me it just have corroborated that we are at a strong support and it couldn't go lower.

We didn't stayed below the $9,000 and now on daily we have a bullish candle with continuation on the 4hrs, but we are at a delicate consolidation zone and this is a messy area for price to be...

On my personal scalp I've spotted a long opportunity and let see how that works out.

For me to have a clear buy signal would be to go over the purple doted line and have at least a 1hr bull candle above it, then a 1 hr bear candle close above it (it means price tried to go lower again but bulls didn't allow that to happen).

If we go back to the daily we have created a lower low, but also this means we have to create a lower high and then we will see the retest of the lower $8,xxx

Use LTF to spot your entries, DO YOUR OWN RESEARCH!!! AND PLEASE PLEASE PLEASE... ALWAYS USE STOPLOSS.