2019. 03. 13 (KST)
Bitcoin / bitmex chart
Hello, this is Kun :)
The charts have been changing since the last publishing I posted, but I keep thinking F' is in progress.
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Check F' in my last publishing
-> https://www.tradingview.com/chart/XBTUSD/esR7jyQp-Bitcoin-btcusd/
-> https://www.tradingview.com/chart/XBTUSD/RyuUXpwU-Bitcoin-BTCUSD/
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So...... I want you to remember that the publishing I'm writing today is based on the premise that the charts that are currently in progress belong to the F's.
My main point of view on the current chart is pattern.
So it was a little hard to think about the speed of the process by putting the candles together and splitting them up.
So I decided to go into a smaller timeframe like this.
I'll try to divide this into sections as I think.
I'm sorting it out like this.
And if this goes on, I think the price will go down to here.
To add a little personal wish, I'm hoping the red candle will come out of the weekly candles with a volume curve.
Of course, it's just a wish. And charts should try to be objective.
That's why I think there's also have a good chance that Bitcoin's price will go up without a complete this pattern.
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Let's take a look at the overall picture.
This is monthly candle. There's a couple of weeks left to close, but we can see the candles are about to close at the upside of 5ma.
This is weekly candle. Those who wish to rise want to challenge 20ma, but I think it is quite difficult to try because the angle of 20ma coming down is too steep.
This is Daily candle. If there's a bit of hopeful news for those who want to go up, it's that 60ma angle is upside.
But they can't relax, because the angle of 120ma that's coming down is still steep.
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In conclusion, we should take a very good look at the sideway because both sides are still open as a whole.
Let's study and try to find clues about the divergence of the trend.
I hope you have a good day today :)
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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.