BTC-USD Volume Divergence
Updated
Downtrend channel is broken after huge pump.
Visible volume/price divergence may indicate another pump - another minor uptrend in channel.
Fibs/uptrend channel S/R to watch:
fib 0.236 : 10000USD
fib 0.618 : 11550USD
Visible volume/price divergence may indicate another pump - another minor uptrend in channel.
Fibs/uptrend channel S/R to watch:
fib 0.236 : 10000USD
fib 0.618 : 11550USD
Comment
Holding curve direction.
Bearflag: resistance @10.800USD
Support @10.000USD
Comment
4H Chart:
BTC hit .236fib (with position near 10k USD) as predicted before.
After a small bounce still holds uptrend channel.
Comment
1H Chart:
Scenario A: Heading straight to 11000, after successful fight with resistance (10350, .618fib).
Scenario B: Slightly south and bounce from support (@9850) visiting 11000 again.
Both bullish.
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