Quarterly
$Bitcoin [W1] In a NUTSHELL.BITSTAMP:BTCUSD
Bottom line:
1. A break and a close below 9,700 will bring bitcoin back to the main channel and tend to fall further more.
2. Look for longs as long as BITCOIN is above 10,200.
3. I'd go heavily long if it closed above 10,500 next weeks.
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#AHMEDMESBAH
2nd HIGHEST QUARTERLY CLOSE IN BTC HISTORY by $18.12!!BTC QUARTERLY HIGH WAS 10760.10...Tonight another Quarter was set in stone and a ever so slight higher high by $18.12 on Stamp...VERY BULLISH SIGN! Not too may Quarters to go off of, but going in the right direction.
Quarterly Stoch and RSI Looking good as well
GBPAUD Long Term Short, Waiting for pullback to Enter.Higher Time Frames make a case for a pullback and continuation short.
> Quarterly chart has bearish engulfing rejecting 50ema, which has acted as resistance recently.
> Monthly rejected horizontal resistance with bearish pressure, now looking to retest a minor resistance level on the pullback.
> Weekly forming a pullback to 50ema, horizontal resistance, 0.382 Fibonacci. At that point, looking for deceleration & reversal candles.
> Daily now starting to pullback, once it reaches weekly resistance level, I'll be looking for deceleration, price action patterns ( double tops?, ect... ), and reversal candles. Trade will be entered on the intraday charts.
> Target 1 - Horizontal support & Daily 0.382 Fibonacci for short term play.
> Target 2 - Start of weekly pullback, daily horizontal support.
> Target 3 - Weekly horizontal support area
I will be staying patient, at this point anything can happen.