Bitcoin: If you followed my presious chronicles here is where we are. Be carefull and alert. We may have see the bottom signifying the end of a correcting cycle but doesn't mean it cannot be retested if bears manage to hammer bulls down from next high. Or maybe that resistence is already the next high. I don't know.
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RSI look already goneNot
Hope that upper channel supportNot
There is a lot of congestion just below that resistenceNot
Always be aware in which timefrime price provide signals. It's important to get the timing right for understanding when you will have to pull the trigger. lolNot
5min divergence with RSI when approaching that resistenceNot
May go for the lower band of the upper channel from that highNot
After the divergence it is looking for supportNot
10.200 looks supportedNot
Let's wait and see. Be patientNot
Just be carefullNot
RSI is shooting and price is not following stopped by that resistenceNot
It may present us a nice scenario but we need to wait and be alert.Not
Same as before...the attack is still ongoingNot
look at RSINot
may that be a support for a little push? I don't knowNot
the 11.400 strong resistence is very closeNot
RSI is not high enaugh yetNot
Where are the volumes?Not
Pushed backNot
Let's see if supported somewhereNot
It's preparing it's next moveNot
1min chart volume increasingNot
be patientNot
Are those volumes enough to make it go higher for a little bit? I don't knowNot
Bulls have not won yetNot
Let's see for a retest. Let's seeNot
I don't like it. It shuold have gone much higher with that moveNot
Maybe we need to wait for more volumes to accumulate? I don't knowNot
This is due to strong bearish pressureNot
Where are the volumes in the 60 min charts?Not
little divergence with RSINot
Let's see if with the help of moving averages we can get more clues.Not
Judging by the moving avarages 100SMA and 200SM we have a nice golden gross meaning the trand long term has changed but in my view we it still need a low to conferm this possible new trendNot
This is why it very important to be carefull.Not
Ok...remember my post on the golden cross?Not
That signal was found in a 15minute chartNot
That signal originated a little upper channel remember?Not
That helped the price to get where it is nowNot
Now we discover another golden cross made by longer SMAsNot
I don't know but if that 10400K resist and price 11.000 we may see a move confirming that bigger channel. I don't know. Just an idea. What is yours?Not
Sorry, if 11400 resist and 11000 do not supportNot
So far 11200K supportingNot
Bearish pressure represented by the two SMA coming down and stopping bulls runNot
If you look at the last 10 candles this is Elliot WaveNot
3motvie, 2 corrective up to the SMAs...and then the correctionNot
We need to focus moreNot
After hitting those SMAs price corrected 50% fib of previous candleNot
sorry "retraced"Not
Its holding there waiting for a move...its' quite at the momentNot
Divergence with RSI on 1min chart but only becomes effective if RSI cross the 50 and the cross of the green SMA...bulls may try another attempt there but carefull could make a triple topNot
Anyway it's a divergence on a dinamic bullish supportNot
But on such a low timeframe need to cross the SMA for the upside to get momentumNot
The divergence was not confirmedNot
And priced dipped a little bitNot
Sorry but platform stopped working for a whileNot
I wrote that 11K would have been a nice support but platform stopped working. never mind...Not
This has just been published by Goldbug1...let's see his view which sure will spread some light on what is going on...let's read itNot
Ok...I am done for the day. I need to read this and make these concepts mine. Always be carefull and alert and follow professional traders. Not amateur like me. Thank youEmir iptal
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No. Its not trading acrive. I just noted how it developed here. Is that a re-test?Not
Ok let's wait and see. Too many bulls and bears trap around these days.Not
Ok. I am done for now. Time for a lunch.Not
Be carefull. Click on the above and let me know what you think. I know market is doing another things but please be carefull.Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.