We had a successfull breakout with confirmation in Volume. Currently we are forming an inverse head and shoulders pattern. That would be enough to stay bullish or even making a trade but do your own research.
An fast idea from me about where we can find a good entry into the trend of BTCUSD. Let me know what you think. Thanks.
Trend still in tact. However, if trendline on pricechart gets broken I would change my mind. Bluebox = buy areas (only if price stays (=closes 12h candles) above trendline)
CCI and Stochastic on the weekly are about to make a similar pattern again, if you take a look at my arrows. Three drives down pattern. Common in crypto by now. Pretty bullish for the next upcoming months in my eyes. I think the Fibonacci targets around the 70,7% to 78,6% mark could be entry points (yellow box in the chart). Thought I would share that with...
Again we are moving towards a critical point. BTC hasn't closed a daily below my dotted line yet but if it does things could go ungly. I don't expect that BTC will go down now. I expect it to bounce as it did in past when it touched that line. I targeted it in the orange circle. I think we will move towards the 61.8% region and bounce from there.
When you zoom out to the daily chart you see the low volume. For me BTC is still in consolidation. Short term I would say we could see a bounce back lower because of losing momentum and the resistance on the trendchannel. This is just what I think so make your own thoughts about it.
Found this little fractal, let me know what you think about it. Let's see if some of it plays out or not.
If we continue our Uptrend I will look out for those zones (green circles on chart). I am not sure if we are actually continue but right now we have to suggest that it will so I think looking at those zones for buy opportunities is the way to see it right now.
We have daily divergenece on RSI and Stochastic is about to turn down. Also we are under the trendline. Bearish signs so far unless we push higher.
Hi, I think we go up again after this break of the green downwards trendline. Perhaps we might reach my 1st Resistance target.
Hi, this is my first post. Please, this is just information don't follow. I just show what i think. Let me know what you think. Thanks :)