Confluence V2

Updated
continuation of version 1
Note
Break out confirmed -- but will we fill the gap looming above?

snapshot
Note
Gap filled above next TP to fill the gap below?
snapshot
Note
gap not filled above yet will we fill the one below it after or before?
Note
gap filled above... fill gap below?
Note
snapshot
Note
snapshot
Note
retest of historic resistance line..
Note
rejected by historic resistance.. broke back out of the rise wedge into the bottom of the rising channel.. testing major support at 11420..
snapshot
Note
broke through major support... fake out or break down?
snapshot
Note
bitcoin appears to be forming a descending channel
snapshot
Note
sharp reversal back into ascending channel.. fake out or breakout?
snapshot
Note
descending channel confirmed
snapshot
Note
descending channel re-adjusted... time for a little bounce?
snapshot
Note
bearahs aint playin around.. snapshot
Beyond Technical AnalysisBTCUSDTechnical IndicatorsTrend Analysis

Related publications

Disclaimer