BTC should reverse when it hits 38-39kBTC looks to be choppy for a month or 2. Expect a Breakout in May to all time highs. $100k plus this year.
Bill Williams Indicators
Bitcoin reaction to Bill Williams MA /4h Hi traders,
Look, Note the reaction of Bitcoin to Bill Williams' moving average all this time.
BTC 1h , Bill Williams IndicatorHi guys,
I believe Bitcoin responds well to the 13-day moving average in one-hour timeframes.
My SL is $55K.
Wait and short1h below the effective lower fractal, 4h MACD top deviation, rebound pressure drop of 0.5-0.618 short.
Wait and short4h RSI top deviation, the price below 1H effective fractal, at present, support needs to rebound pressure measurement, after measuring pressure will continue to fall.
Short4h MACD and RSI deviate from the top and are bearish on the lunar cycle. Bitcoin may fall by 0.5-0.618 as a whole. Short. One hour William's trading law has been established.
ShortAccording to the original plan, we started to short EURUSD. It needs about 0.618 callback to store power. RSI reached 70.
Bullish after stepping back on the edge of the channelThe price may face a correction in the brown circle, but it is not recommended to be short in trading with the trend, and be long after the correction. The long basis is that nearly 75 people are short for every 100 people. According to the fact that retail investors are wrong, then bullish, those short chips will become the driving force in the future, but they are facing pressure or will face pressure.
According to the chaos trading method, if the price breaks through 4h, it will be fractal effectively. After stepping back, it will be a long opportunity, unless it breaks through the rising channel. The reference position I gave is the top of the 4H cloud, which may overlap with the linear regression I divided to form a strong support.
LongI think tomorrow will be a strong three waves 3, because 2 is very weak. And from the perspective of chaotic trading method, the price has broken through the effective fractal, green line of 1 hour, and has been back tested. See chart for details, bullish.
+7% at 4025 $ with MACD + volatility index + William R% MACD : waiting for the divergence confirmation
Volatility index : Green zone = low volatility = best moment to accumulate
William R% : still in the recess bulish zone
next step fibonacci 1.618 at 4025 $
and then the garage zone at 4113 $
LongOne hour after breaking through the blue line, it will be very bullish and call back to the demand area to do long, or directly chase after breaking through. Bullish reasons deviate from the bottom, in line with Williams bullish right signal.
Long4 h level rise, and 1h right signal appears, and is in the callback state, the bullish phase has not started. My favorite trading logic.
LongBreak through the 30 min effective fractal, currently facing callback, reach the demand area to do long. And RSI has a series of serious bottom deviation, the bullish phase cycle has not risen.
LongIt effectively breaks through the fractal above 1H, and has a series of bottom deviation, supported by RSI downward trend line and bullish.
LongBreak through the effective fractal, step back on the support and do long. The rebound target is 1:1 in the early stage. See the profit and loss ratio chart for details.
ShortBitcoin has fallen below the effective lower fractal. It is in the process of bearish flag consolidation and may face a huge decline.
LongThe price just pasted 0.618 on the top to stop the decline, deviated from the bottom in one hour, and exceeded the effective fractal in 15 minutes, as shown in the figure is a good opportunity on the right side. Bullish.
LongWe have successfully broken through the 1-hour effective rising fractal, and the price has been callback, which is a good signal on the right side. And this week and next week belong to the bullish phase, the general foreign exchange will rise. Bullish.
Classic Pattern (Symmetrical Triangle) has been completedEntry:
Pattern: Symmetrical Triangle
Tool: Fibonacci Cluster
Trigger: Break lower timeframe Trendline
LongIt is consistent with ABCDE morphology, and the bottom of MACD and RSI deviates from each other in 1h. It can break through the red line steadily and effectively, that is, it can be called back to long after effectively fractal. Bullish.
ShortI'm still bearish because of the obvious deviation and the linear regression of on orbit resistance. Steady fall through the red line, that is 30 minutes after the effective fractal rebound short. You can also choose whether the alternative varieties of AUDUSD and NZDUSD can be long.
