BTCUSD: About to commence the final leg?In this video I use indicators to do what they do best - indicate. They don't predict, not do they tell us what to do.
Technical analysis is about finding confluence, and heaping confluences together to increase the odds of a particular price action happening.
Here I use three indicators - Market Cipher A (Cryptoface - Paid), Bad Ass Bollinger Bands and Phoenix Ascending (WyckoffMode - free).
It's not too important to understand how they work or what they're measuring - in this case I'm just pointing out their similarities to the Bull Run in 2017.
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Marketcipher
BTCUSD New 9W 6W 3W candles show we've still got room to runAt today's daily close we got new 3D, 7D/1W, 2W, 3W, 6W and 9W candles, so now's a great time to have a fresh look at the charts...
...and it all looks bullish long term for Bitcoin!
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