Bitcoin
Updated

BTC - Godmode RSI MACD Daily

2131
On the Daily BTC fired long on the Godmode indicator over 24 hours ago; RSI bounced lower than on 3/31 at 6450; MACD Histogram rising, MACD curling up toward a cross; Resting upon and within a confluence of major fib levels...
Note
snapshot
snapshot
snapshot
snapshot
snapshot
snapshot
snapshot
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
If you think its still just going to 9100...this is what that will look like...
snapshot
Note
Hidden Bullish Divergence on the Daily
snapshot
Note
snapshot
snapshot
snapshot
snapshot
Note
snapshot
Note
snapshot
You know what happens when these touch...
Note
snapshot
MACD Cross on the Daily chart...
Note
snapshot
snapshot
snapshot
Note
snapshot
7971 Max for Potential Wave 5...
Note
snapshot
Note
snapshot
Previous count with potential impulse voided...
Looking for double bottom at 7052...ever decreasing volume; currently bouncing off trend line from 5811 to 6450...
Note
snapshot
snapshot
4 Hour RSI shows move down looking like wave 3.
Note
snapshot
snapshot
BTC bouncing of trend line support (6522-7058) for Wave 4; 4 Hour RSI nearing previous bottoming lows...
Note
snapshot
1 Hour Godmode firing Long...
Note
1 Hour Rising MACD Histogram; MACD Bullish Cross...
Note
snapshot
Daily RSI
Note
snapshot
RSI Lows on 1439 minute chart...
Note
snapshot
Current Daily RSI 29.5835
snapshot
New Count
snapshot
Note
snapshot
Note
snapshot
snapshot
snapshot
Note
snapshot
Double Bottomed at 6450...

snapshot
1 Hour RSI Triple Bottom...

snapshot
Wave 5 count...the end is near...(?)
Note
snapshot
Note
snapshot
Note
snapshot
snapshot
snapshot
The trend line was broken with BTC falling below 6450...Count to be updated...
Note
A bull wick would have been ideal in breaching the trend line but the current daily candle is only showing indecision with a loss in selling pressure but a doji or green hammer on the close will be the sign of possible reversal in play.
Note
snapshot
Daily RSI below the low of 2/4/18...officially no mans land now...

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.