cybernetwork

BTCUSD: Will 8684USD resistance turn into supporting launchpad?

Long
cybernetwork Updated   
BITSTAMP:BTCUSD   Bitcoin
Speculatively speaking, I'm biased towards BTC moving higher.
TA wise, I will want to see it break through the 8684USD resistance first, and show that it finds support over the next candle or two before making an entry with suitable stop-loss set.

Related post: (Oct 8) BTCUSD short-term bullish


I typically use the following two indicators to help pick suitable stop-limit ranges. Settings are available to activate different levels of tightness, depending on the risk aversion as well as risk factor of the market at a given time.

Fast AEONDRIFT {with Stop-Limit Range} (Standard Deviation based)

and

Volatility Stop-Limit Selector
Comment:
Analyzing present evolving movements within the low timeframes.

Bullish signals from LIVIDITIUM V4 on 30mins candles.

Bullish signals from LIVIDITIUM V4 on hourly candles.
Comment:
Still patiently waiting for confirmation:
Comment:
Comment:
BTC failed to show strength to met the bullish condition.

Looks like my earlier prediction of BTC dropping to 7200 USD will likely play out?
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