Tom Demark count shows breakout is confirmed. We have a green 3 on on 4H chart which means up to 24 hours of up trend. Hourly chart also gave a green 2, which confirms 4H chart. 4400 will not hold this time as double tops near to ATH are unicorns. 4600 resistance is weaker than 4400, so it will be easily broken. Today or tomorrow I expect ATH.
Stoch RSI shows oversold on 1H chart. Tom Demark count gave a red 8 (shows end of the bear trend). There is huge support at 4150 area. In 2 hours we might touch 4150 then bounce to 4323 resistance area. Wait till we get a green 2 on hourly chart which is a clear buy signal according to Tom Demark count (green candle closing over 4225) Long at 4230. Take profit...
This bull trend shows the exact same pattern like the previous one. If you look at the Tom Demark indicator and Stoch RSI it is clearly seen. Tom Demark count looks almost identical. Stoch RSI looks overbought now, just like the previous breakout run. It is quite possible that it will make a M shape like the previous one. If we close today over 4383. I expect a...
Tom Demark indicator is now a green 9 below 8. If we close this day like this, it will stop the possible down trend and we can expect up to 9 more days of up trend. Stoch RSI shows overbought, so this scenario is more likely. Second scenario: If we close over 4427 we will have a green 9 above 8, which will be a clear short signal.
This bull run shows a harmonic pattern. TD is currently green 3 on 4H chart. It will follow the previous pattern and will continue till it reaches green 9. Which means 20 more hours. After 20 more hours expect a pullback to 4400 area. Target: 4600
TD gave a clear buy signal. BTC bull trend continues. Expect up to 5 more hours of bull trend. Target: 4400
Cup and handle is formed, BTC bullish trend will continue. Enter: 4150 Take profit: 4600 Stop loss: 3850