Hello my friends,
I wanted to bring you another update for BTC.D
On my last update, it had printed a daily bear flag, but it broke up, and just like a rising wedge can go parabolic if it breaks up, IMO so does a bear flag. Which it did, since my last update it went from 63% to 67%.
Also, I would like to mention that I am dying to make a video publication using these new indicators, but in all honesty, my computer cant handle that lol so hopefully Santa brings me a new one for Xmas!! But I have to practice using these, so I won't wait until I can make videos.
Anyway, lets get started...
All the way to the right on the 4D you can easily see the green making contact with the blue LSMA indicating the expansion of the BBs, also it is higher than the white energy indicating bullish sentiment. If this was a coin, I'd wanna be on it!
Note that the red RSI is above 56 in all time frames.
It is currently making contact with the green while the green is going down on the 1D, however, it has not closed yet.
If you look at short time frames such as the 3h, you will see its printing a bull pennant, and its right at resistance, which makes me think that it could keep pushing from here.
But regardless, I do expect BTC.D to keep pushing higher at least one more 4D candle.
Unfortunately our alt coins wont take off until this begins to trend lower on the higher tf.
Thats it for now, I'll talk to yall later.
Trade thirsty, my friends!
I wanted to bring you another update for BTC.D
On my last update, it had printed a daily bear flag, but it broke up, and just like a rising wedge can go parabolic if it breaks up, IMO so does a bear flag. Which it did, since my last update it went from 63% to 67%.
Also, I would like to mention that I am dying to make a video publication using these new indicators, but in all honesty, my computer cant handle that lol so hopefully Santa brings me a new one for Xmas!! But I have to practice using these, so I won't wait until I can make videos.
Anyway, lets get started...
All the way to the right on the 4D you can easily see the green making contact with the blue LSMA indicating the expansion of the BBs, also it is higher than the white energy indicating bullish sentiment. If this was a coin, I'd wanna be on it!
Note that the red RSI is above 56 in all time frames.
It is currently making contact with the green while the green is going down on the 1D, however, it has not closed yet.
If you look at short time frames such as the 3h, you will see its printing a bull pennant, and its right at resistance, which makes me think that it could keep pushing from here.
But regardless, I do expect BTC.D to keep pushing higher at least one more 4D candle.
Unfortunately our alt coins wont take off until this begins to trend lower on the higher tf.
Thats it for now, I'll talk to yall later.
Trade thirsty, my friends!