MichiBTC2021

01:21

MichiBTC2021

My first video idea. Not that easy to share the idea via video. Small long opertunity due to MACD crossing on the 1h chart.

MichiBTC2021 Updated 

I realized recently that we are trading in a uptrend channel in the last four days. The lower line of the channel seems to be very good support, since this gave us good support at the 19th and 22th (neglecting the overreactions) and also already holded two times. Additionally, we currently trading above support region defined by maximum trading volume in the...

MichiBTC2021

My previous bearish idea wasn't confirmed. There was a positive break-out from the descending triangle, but now a inverse head and shoulder pattern was not succesful. This leads to new resistance trend-line. Again not good situation for a uptrend. Still bearish.

MichiBTC2021

Currently the BTC following s strong downtrend in May, but this downtrend is currently hitting a good support at around 31500, which was already good support in Jan 2021. This two trendline forming a descending triangle, which is usually a bearish pattern. At the time know we are trading at the upper edge of the triangle. A break-out could happen, by in my...