ProfessorCEWard

BTCUSD: Curve Analysis

Short
OANDA:BTCUSD   Bitcoin
(Based on the 3D Chart)

SLO2 @ 71438.54 πŸ“‰
SLO1 @ 66539.39 πŸ“‰
SSO @ 62702.60 ⏳
TP1 @ 57212.05 πŸ’°
TP2 @ 49373.35
TP3 @ 43600.41
TP4 @ 34681.84 (Major Support)
BLO1 @ 32539.32 ⏳
BLO2 @ 27336.08 ⏳

This is an Intermediate Time Frame trade (4 hours to 6 day):

β€” Offers a clearer picture of the underlying trend compared to short-term frames.

β€” Provides more opportunities for confirmation signals and technical analysis.

β€” Allows for more flexible trading schedules, trades can be held overnight.

β€” Suitable for swing traders and some positional traders.

Professor C. E. Ward
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