Bitcoin Bullish Macd/Ema Crossover possible bottom Short term ?
This is on the 15 minute time frame i have made good money from seeing such crossovers and this looks like it could be one of them..Time will tell but keep an eye on the 2-4 hr charts to see if it does cross over on that time frame for better confirmation but i just want to get this out so people can make up their own minds..
I want to get this out quickly on the 15 minute chart you can see we are going bullish again and it looks like it could be the bottom time will tell but i need to get this chart out ASAP for others to see Looks to be a change in trend but things are looking to change my guess is most people have bought back in.
It was obvious that the last pullback was manipulated for whales and bulls to take profit we have a MACD crossover incoming which looks Vbullish short term.There is a small change in trend i will look at a long term out come tonight.
10/21 ema crossover has always done me well for medium and short term use what ema you want the MACD has changed to a bullish trend and im expecting the ema to also cross over i will look at this more after tea and update with a better chart..It may only be short term or could be a change in trend or could even be signaling a big buy back in you will have to watch i believe this is where all the whales have bought back in but that is my opinion.
I normaly spot a MACD crossover on a low time frame then i will wait for longer confirmation on a 4hr chart to see if it does cross over on the 4hr chart..But time will tell.
Not much TA in the chart but i will post more below it was to get this info out as fast as i could as this could rise very fast we have the weekend coming.
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Remember guys this is very low time frames we look for small trends for now until we have a bigger picture and more confirmation.Will check back a little later.These should not be used for trading but should be used to see if a new trend has started as stated we need much more data Very short term bullish bu things can change.
Personally i think we will see a ema crossover tonight early morning and by sunday and prices will be back above $9 k we will have to wait and see manipulation can put a end to these charts damn fast and the trend..
Wait until we get a 4hr confirmation of some sort of trend i do not recomend people use the below for trading these are real simple shot term support levels.
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30 mins time frame ------------------------
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It is not healthy nor good to do this on the 15 min chart and 30 min as i explained we just dropped out of the trend i think in future i will wait for the 4hr chart to show the cross over or trending patterns just not worth it.
Every time i do we fall out the bottom of the support, but just trying to help see if any support levels where in place that is why you wait for the 4hr to show a trend or crossover even the 2hr chart is good but im trying to get info out early as possible will keep an eye tonight and see what info is available tomorrow.
Obvious the whales are going to ladder buy there way back in at some points lets see how low this goes
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Whales still controlling the price lol you just wait till this goes bullish im going to check out the charts now.I'e a feeling we are about to finish the C wave from a A,B,C retracement i will try and get a chart up for this in the next few hours.
If you are unsure ladder your buys the bulls are sharpening there horns and have took there profit along with the whales and i see them taking another run to catch out even more people..
This is my belief and it may be wrong but some thing is telling me the manipulation is done for a reason especially in such a short time period.
Yes we may retrace a little more but i need to get the FIB tool out and have a closer look good luck i would keep a close eye on the last wave and see if we get a Vbullish bounce.
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