kartala

kartala Updated 

3th time same story?

kartala

Long here. Check the pattern for evidence.

kartala

Not enough volume to support the Bulls. Short to the next support. Tight stop loss.

kartala Updated 

The price broke that nice uptrend on the RSI. Time to go down.

kartala

Waiting for confirmation of the pattern here.

kartala

Support tested and hold. Time to move up to the next level 6.7K. Only thing left is Chikou Span to move thru the cloud .

kartala

Now the only thing left to happen is to brake the neck and the formation is ready.

kartala

The way I'll do this. Playing longs and short at the right spots.

kartala

The price is touching the Kumo. Still bearish we are under the cloud , also Chikou span is about to touch and may be rejected by the upper line of the cloud.

kartala

I'm opening a long here. It is a nice spot to pass over the Ichi cloud. CMF is rising. May be a retest of the upper border of the current trend. But I'm setting closure just to 6260 with 25 leverage.

kartala

If the daily candle manage to close above EMA 377 currently at 6753 I'm expecting a nice move up. The price is already above the strong resistance at 6615. Volume is raising.

kartala

CMF is poping on positive side on Daily. When this one occurs we have at least 2K move up. We just need some volume.

kartala

divergence?

kartala

As you see in the chart the 377EMA on the Daily hold strong. the OBV is about to pop up on the positive side. I understand that there's a lot of fear on the market now, but may be that is the quiet bouncing point.

kartala Updated 

Check this one. Dumping on 1,12 and 24 of may. So next on in exactly 12 days? 5th of June.

kartala

I was thinking about Crypto Cred's video about ichimoku cloud. And watching on the daily I've come to conclusion that we are going to the flat plateau on the other side of the cloud. It is acting as a magnet as he said in the video . And when there's a big gap between the upper and down side of the cloud the price is going to the other side. Or as he said "when...

kartala

I think next few day we gonna go down to 8.2-8.3K levels. Btc entered in the cloud, but got rejected. Also the candles are in a bearish formation. Usually after rejection there is still move down. So retrace to at least .5% to 8234 is plausible if not a full retrace to .768 Fib to 7350

kartala

I think the retrace is near. The trend trying to brake out of ichicloud. MFI overbought. Previous time we had almost 2K drop under those conditions. Full retrace of the last 11 days would be 8.1-8.3K levels. May be a small pierce through the upper border of the cloud to 9.2K would initiate the move.