The wedge on the slow stochastic chart (yellow line) stretches out to June; BTCUSD bitcoin can easily embed (stay above 80) until June driving price much higher. (Parabolic).
The solid blue/red/blue line is the daily linear regression. The dashed is the top of the weekly linear regression. Pointed out by a green arrow shows where the two crosses. Historically prices tend to find support where these two conditions meet.
I had originally thought the dashed green line (20week Moving Average) would be support; but BTCUSD seems strong enough to use linear regression as support.
I'm building-up leveraged longs on bitcoin mostly through bitcoin miners which are underperforming for reasons that are unreasonable (Mr. Market thinks a miner should be judged by their revenue and not by their HODL; wrong-minded).
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.
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.