Basic analysis showing where to buy BTCUSD...
Personnally, I'll wait for the price to come between $4700 & $4200
I think 2019 is the year of the coordination between Blockchain and Enterprises.. Prices will remain stable until the end of the year
*This is to be used for educational purposes only.. Not an investment advice*
The first pull back before H&S pattern on the 21st of sep' rebounded back down on the RSI 50 level (and 0.382 FIbo level) and went straight to the RSI oversold level to show the first shoulder on the graph. Then drew the head as the RSI was showing divergence. Candles went back up to 0.236 FIbo level (H&S neck level) before drawing the last shoulder. The last...
Waiting for rebounce on the resistance
Do not trade the pattern! Wait for the pullback to break 0.76702 (a bit risky) or 0.76629 (better to wait for that one)..
If validate Short with 3:1 ratio
Waiting for rebounce on the resistance
Do not trade the pattern! Wait for the pullback to break 0.76702 (a bit risky) or 0.76629 (better to wait for that one)..
If validate short a 3:1 ratio... With TP1 and TP2