MCDX BITCOIN #BTCUSD MORE SIDE WAY TO GO...Forecast Bitcoin BTCUSD still going to be sideway range in short term.
No divergence in PLF indicator between recent 2 high points.
Homily
MCDX PLF Mobilia #0229 SmartMoneyMid-term analysis (weekly chart)
1) still trending up (above downtrend line, MAs )
2) Profit & Loss chip (PLF) @ 82.32 (strong)
3) Fund still in-flow thou turn weaker (BEE)
Short-term analysis ( daily chart )
1) reaches resistance area 0.520
2) BEE momentum turning weak (dark green candle turns small)
3) Important reversal signal, Perfect Bearish TD9
Trade plan:
Wait for buy point after pullback / correction.
First support level @0.475
Cut-loss @7%
TP@0.610
PLF profit chip >50% booming zone
