cooface

cooface

Hold on just a minute here. BTC is just making a bounce, the Mid-term analysis is still down as the SAR printed on the weekly time-frame, you can check out that post in my previous charting. So what's going on with BTC? Lets break it down, hope you can keep up. 10 SMA - Orange line 21 EMA - Yellow line 20 SMA - Red line or bollinger band medium line ...

cooface

I've posted a chart last week explaining the implications of BTC and how it'll make its way down to the 21 EMA weekly, which right at this moment sit somewhere in the mid-8000's. The first bounce I will be taking is in those area on the 12 HR chart where the 200 MA (pink link) and 200 EMA (purple link) meets. As long as we're closing candles and opening candles...

cooface Updated 

Longing here is risky due to the mid-term trend is down, not up. Taking a short after a rally will be more in your favor. This trading idea is more for the scalpers and for the public to have an idea what BTC is doing. I'll keep it simple. Yellow line - 21 EMA Pink line - 200 MA Purple line - 200 EMA Orange line - 10 SMA On the 8 HR time-frame, BTC is still...

cooface

I'll keep it simple. Weekly Time-Frame 10 SMA - Orange line, 21 EMA - Yellow Line, 20 SMA - Red Line, Parabolic Sar - dotted crosses The parabolic sar has printed on the weekly time-frame. I don't use SAR personally unless it is on the weekly which have a very high percentage of playing out. You can see every time the SAR has printed on the weekly, there...