Hi everyone, \u2028\u2028this is just a way how this Btc situation could play out. I have been playing and trying to do some analysis only using RSI. This is how it ends. Maybe. \u2028\u2028There are two blue triangles on the chart. We are waiting for any break. If RSI happen to break up, this will be very bullish signal. Similar in the opposite direction....
Dont know what iam doing... dot take it as advice ! I think the price will go up now. Because of Ichimoku cloud. The space between Tenkan and Kijun is great, so the price should correct. Also, Cloud should act as resistance... There is also chanell for price to move... Iam expecting price go to 4800 , maybe even 5200 where i Will SELL 2BTC Than waiting for...
A break of the ascending trend line will warrant short to the downside target highlighted (127.512) HOWEVER If price manages to hold above the trend line we could see longs to the upper bound of the channel (130.500) - if we break the channel the upside target highlighted could be achieved (131.992). For more detailed information on how we identify trade set...
I marked the chart and color coded the indications. Biggest thing is many Divergences in volume and buying pressure to price correlation . Prices are raising as buying pressure and volume decrease s. If you look back at Nov 2017- Jan 2018 raise and fall, there are very similar confirmations of what I have done here. Already tested 7800 and dropping to 6800s is...
Pair: XAU/USD S View: 4H Time: 07.26am Observation: This pair formed a new lower low having broken through previous support which was tested twice and after and evening start pattern formation. 1D view is also in favour of a short. I will short this pair and target 1240.74 then 1222.31 and SL 1276.52. Risk/Reward is 1.4. Feel free to comment! Follow my...