Here we have the BTCUSD 1w MACD and 1w TSI.
Chart talks for itself, based on this, I think, the current correction/downtrend might take months/years.
I have no idea how long, but last time, it lasted from 27th of Jan, 2014 -> 12th of Oct, 2015.
This is neither a trading advise, nor a prediction, just a simple opinion from a non-pro.
Comments/criticism (preferably with indicators) are welcome!
Chart talks for itself, based on this, I think, the current correction/downtrend might take months/years.
I have no idea how long, but last time, it lasted from 27th of Jan, 2014 -> 12th of Oct, 2015.
This is neither a trading advise, nor a prediction, just a simple opinion from a non-pro.
Comments/criticism (preferably with indicators) are welcome!
Trade active
Trade active
1w CCI is less than 0 now -> likely that lower Keltner Channel comes into play -> we might touch 7k.Note
based on 1w standard BB, i believe the strong green light might be BTCUSD support line
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.