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Technometer

Bitcoin - trade without emotionOptimism Pessimism hints at an Accumulation Period . Force - Bullish Divergence with the price action, it can be invalidated at the day close if the price doesn't recover a bit. Technometer - Bullish Divergence with the price action and going oversold at 40.25 (38 or lower is considered to be clearly oversold). Momentum - Interest is slowly building up. The 🌈 Rainbow Momentum shows an upward tendency. Future targets: 7500, 8500, 9500 areas. Always make use of Risk Management . Past performance is not indicative of future results, but...
Long
by KryptoNight
5
Wyckoff, Elliot Wave, Heikin Ashi, FibsBTCUSD Analysis Harmonics: - An AB=CD pattern seemed to be forming, but the ratios were not respected. Elliot Wave: - There is an Elliot Wave ABC correction that may be followed by an impulse. Heikin Ashi: - Bullish Trend. Wyckoff Arsenal (The Wyckoff Method): - Force vs Price Bullish Divergence; - Technometer Clearly Oversold at 37.52; - followed by a higher low at 40.24; - and a small Bullish divergence with Price action. Interested Target ares: 13618, 16618 Stop Loss level: 8960 ______________________________________ Wyckoff Arsenal indicators: - Optimism Pessimism Index Multi-Timeframe - Force Index Multi-Timeframe - Technometer Multi-Timeframe - Momentum Multi-Timeframe
BITSTAMP:BTCUSDLong
by KryptoNight
2