Don't forget to zoom out kids.


The low time frame is the low time frame...
We are zooming in most of the time and observing the next move.
And so many different things can happen within the LTF, that can have zero effect on the HTF.
Right now is a great example of that.
On the HTF, Bitcoin has broken back above into HTF bullish structure, out of the 6 month downtrend and the RSI has reclaimed 50.
That is very key and very strong.
Historically, every time Bitcoin has marked the major with just one of these breaks of structure, let alone all 3 of them happening at the same time.
And right now, the price is simply consolidating above these key breaks of structure...
Whilst everyone cheers Bitcoins demise with every 1% move, even though it is still sitting right here.
If we lose this level, things start to change.
But until then, they have not.
The trend has changed and we play it until/if it changes again.
BTC-2.76%
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