Hi Guys,
As I can see Bitcoin, in more perspective. All informations are mentioned in TA.
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As I can see Bitcoin, in more perspective. All informations are mentioned in TA.
If you like my TA, please hit that "Like" button, follow me or leave your comments.
Thank you!
Yorum:
BTC will go above $3740 before any significant pullback happend.
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BTC had another breaking up green candle and was stopped by the top line of the Triangle. If BTC manage successfully triangle breakout, then next target will be $4250. On the other hand dropdown to $3500-$3400 will happen.
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The most of lower TFs look pretty good - bullish. So, that is the main reason why I want to take a look at higher TF, at 1W:
a) Volume profile has been decreasing for last weeks. But the price is increasing. Usually it is bearish sign.
b) RSI-Stoch is heading to "30 level". So, currently it is neutral signal.
c) Just MACD indicates potential upward trend continuation.
a) Volume profile has been decreasing for last weeks. But the price is increasing. Usually it is bearish sign.
b) RSI-Stoch is heading to "30 level". So, currently it is neutral signal.
c) Just MACD indicates potential upward trend continuation.
Yorum:
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The Triangle pattern breakout is expected in next week.
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Long term resistance broken. Profit target at around $5800.
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I doubt the Bitcoin manage $6300 during this upward trend. $5800-$6000 seems to be more reliable.
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