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Inversecharting

BTC inverse ! What can you see? Hello trader, Nice weekend and profitable deals 💲 In the main chart we can see on the 4h INVERSE BTC chart ! I realized that I was concentrating a little too much on the 2018 fractal, even if it has served me well so far ... So, take a step back and turn the chart upside down to gain another perspective and to dispel prejudice. This chart is not intended for action. Just for you and me to think about !! After breaking the triangle sharply and falling to 31K, the bulls defended the bottom of the range, with the help of the 1D MA300 support and kicked the price back to the triangleresistance and formed very nice candles in the 1D chart.1x hanging man and 1x engulfing . RSI shows and a regular bullish divergencee and a hidden bearish divergence. The price action deserves much more attention . From a MA perspektive we can see a 1D MA20/200 deathcross, and a 1D MA50/200 deathcross will follow. Most of the time the price rises after a deathcross before it drops further. That would also fit my idea. A short-term recovery to end a 4th wave in the 0.382 retracement area . Let's take a closer look at the range 1. Momentum 15m - 1h - 4h - 1D We broke out of the upward channel, but are still doing pretty well IMO If the assumption is correct that we are currently in Wave2 we could draw an iv H&S. In this area I will look for LONG entries ,with a target of 40- 42k Here are my thoughts on the intrinsic value of BTC FIB roadmap works I would like to mention that all I post are just options and my own opinion ! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. Unfortunately, my english is not so good and I work with google translate, but if you have any questions I will be happy to answer them . ➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️ Thanks @TradingView for the support, and to everyone who helps keep this great site up and running . and my followers, I am happy about every single like ! Thanks for reading my ideas, Trade save!!
BITSTAMP:BTCUSDLong
by TR7z
23
The inverse Bitcoin chart for you to ponder..I like looking at inverse charts. Just to gain some perspective and to identify and challenge biases I may have and am not always aware of. It can be a very confronting but fruitful endeavour Conclusions drawn from technical analysis from this chart should be the opposite from conclusions drawn from the regular BTCUSD charts. So bullish this chart, is bearish bitcoin . Bearish this chart, is bullish bitcoin . If that's not the case something is wrong somewhere.. I'm not going to draw any conclusions from this chart. This is just for you to reflect on... If you enjoy these setups and analysis please like and subscribe. It’s the easiest way to support my work and get spread this content further :) If you want to tryout the indicator and strategy, follow me and drop a comment or pm and I’ll get you set up. Stay calm, and happy trading! More information on the indicator can be found below:
BITSTAMP:BTCUSD
by DariusZen
2