BTCUSD correction review
Updated
Greetings!
More comfortable so update like this, so here`s what i`m waiting from correction.
First, im waiting for touching the levels. I suppose, that we should see the same picture as it was in the past. Screenshot shows what i expect from the graphic. I want to see TRIN going up near the fib levels at 2-4h timeframe.
Now i have the feeling, that even if we see the bounce from 0.618 or 0.5, we will not get new ath that fast. Ofcourse it`s better to talk about it after bounce, considering the conjucture. However, i see, that existing conjucture can give us some flat move for a while. Anyway, lets wait.
As for now, i think we can get 10k(0.5). Chances will grow, if :1. some 4h candle will close lower that 12700 (red horizontal line), 2. 2-4h candle close under 0.618
That`s all for now. Sorry, if my updates are not in time, but im in Siberian timezone. But i`m trying to leave enough info, so that you can have a view from different sides of the problem.
If my charts helped you somehow, you can help me with donation. I`m saving up 0.02 btc to start trading and the part of it for the tradingview pro pack.. Any satoshi from you will be a really big help. Watch status.
More comfortable so update like this, so here`s what i`m waiting from correction.
First, im waiting for touching the levels. I suppose, that we should see the same picture as it was in the past. Screenshot shows what i expect from the graphic. I want to see TRIN going up near the fib levels at 2-4h timeframe.
Now i have the feeling, that even if we see the bounce from 0.618 or 0.5, we will not get new ath that fast. Ofcourse it`s better to talk about it after bounce, considering the conjucture. However, i see, that existing conjucture can give us some flat move for a while. Anyway, lets wait.
As for now, i think we can get 10k(0.5). Chances will grow, if :1. some 4h candle will close lower that 12700 (red horizontal line), 2. 2-4h candle close under 0.618
That`s all for now. Sorry, if my updates are not in time, but im in Siberian timezone. But i`m trying to leave enough info, so that you can have a view from different sides of the problem.
If my charts helped you somehow, you can help me with donation. I`m saving up 0.02 btc to start trading and the part of it for the tradingview pro pack.. Any satoshi from you will be a really big help. Watch status.
Note
let`s see what`s next. we bounced from between 05 and 06 and returned a lot. probably, some people were waiting for the bottom to buy some btc, and they think that it is the moment. i prefer waitingNote
breaking ma can launch the trend, so watch close. however, i think that we will bounce from it to and return to some lower levels. reasosn for my gueses are: low volume on the bounce from boilinger bottom, low intesity of trading, no news, no confidence of the market participantsNote
Note
by the way. i really like divergence. look at the previous corrections. usually good divergence points on the trent continuation. when there is no div, we get flat or slow movement. what do you think about conv/div?Note
2 ways from now: 1. draw some triangles. 2. do as always - to the moonNote
seems like nobody`s gonna turn. now, if we break the low bb line, we gonna see the lower levels. 
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