Bitcoin is probably in the 2nd consolidation similar to the one in September 2017. At that time China Ban ICOs techcrunch.com Today we have news about India Ban www.reuters.com India Ban is not official yet, but when they do people there will dump cryptos with fear of penalty. Bitcoin Moon #1
Scenario 1 target 4161 Scenario 2 support 3641 target 3827
Gann Analysis on BTC. Angle Support/Resistance Horizontal Level Ripple Effect / Speed Bump
- RSI Div - MACD Div - Daily H&S (waiting to confirm) - Local Railroad
S&P is forming a bearish harami pattern on daily. www.investopedia.com
RSI Div Indicator - Dot Com Crash - Financial Crisis - Next crash is coming soon
S&P is forming an bullish H&S. Watch out for a local support zone at 2710-2730. If it bounces from there, together with the indicator divergents, S&P can break the resistance and go up to test the new high.
2 bullish conditions met: - Price stoped at the reload support zone - Rising green volumes Wait for conditions: - Price action - Confirmed Div on RSI or MACD or Willy
Indicators that marked the 2015 BTC bottom - Weekly MA 90 Breakout - Moving Average Ribbon Crossover - Huge sell volume Will it repeat?