Bitcoin May Consolidate Within Some Possible Trend Lines 0721UK

Symbol: Bitcoin vs usd, XBTUSD, BTCUSD

Bitcoin has just got support at 10350-10600 zone. The following days, it may consolidate to decide the direction.
There are some Trend Lines, Red Lines for Resistance, Green Lines For Support.

Short Signals: when it is rejected by Red Trend line with Yellow or Red Signal in "9 Seasons Rainbow Indicator".

Long Signals: when it is supported by Green Trend line with Blue or Green Signal in "9 Seasons Rainbow Indicator".

Breakout Upward Signals: If the Red Trend Line is tested repeatedly and Lime appears in "9 Seasons Rainbow Indicator".

Breakdown Signals: If the Green Trend Line is tested repeatedly and Purple appears in "9 Seasons Rainbow Indicator".

DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.

9seasonsrainbowBitcoin (Cryptocurrency)BTCUSDconsolidationTechnical Indicatorsmtfmulti-timeframeSupport and ResistanceTrend LinesXBTUSD

Message the author for a trial of the indicators.
A Trading Indicator Artisan and JAVA Programmer, dedicated to enhancing traders' productivity.

Related publications

Disclaimer