BTC MACDJust breaking down the MACD on the daily BTCUSD chart. All our indicators need to be checked and then cross referenced with others we might use.
As analysts every clue helps piece together the probabilities .
Cypto
BTCUSD Bitcoin Update - LongsLongs playing out from WK demand I have been pointing out for a long time.
I am long from WK demand on BTCUSD and other crypto's, looking like we could be seeing price reacting to the longer term MN and WK trend.
Long bias for sure, no shorts.
Happy Friday all, have a great weekend!
ITS THAT TWEEZER's AGain, ??? The last one didn't seem to have aThe last one didn't seem to have an effect!!!
So if this close's before the drop down on the shoulder, We will supposedly start the trend up instread??
Does the daily timeframe run on Washington US?
SCALP - BTCUSD to 9600, then 9000Tenkan turning down for bearish cross above cloud (weak bear), cloud entry signals cloud clean end to end move. From fib perspective from that point we should head lower. Targets and trade marked in chart, trying to enter above 9600.
ADA BTC - Weekly 618 Breached 786 in play?Well looks like ADA is moving on down a bit. Let me know of you thoughts
XRP/BTC Possible scenarios with bitcoin price movementAs long as bitcoin remain consolidated I expect XRP to continue the move it had not too long ago. With a likely push to mid 15,000 satoshis once again.
If bitcoin remains bullish and continues its break out, ripple gives a nice short play vs the BTC pair, with it likely heading to test the lower support once more.
Trend : Consolidation/Retrace
Play : Based on BTC price movement on chart
ETHUSD downtrendETHUSD testing resistance to start down trend, possibly test at 760 support zone to continue downtrend
BTC Hourly Equilibrium Bear BreakHighlighted in the youtube video last night, the bear break of the hourly equilibrium is flushing the big 3 and alts.
We are entering hourly oversold conditions which have resulted in solid bounces over the last week.
Cautious to not catch a falling knife, as BTC is clearly weaker than ETH and LTC this morning.
Daily chart is on the third day of consolidation, still healthy at this point considering where we came from.
Watching for a climax flush and bounce to indicate the bottom is in for now.
Always protect your trades and remember you can always exit break even or at a small loss and re-enter on another leg down.
Need to see a 15 min higher low and higher high to be confident the low of the morning is in.
