NewJak

BTC Daily Report

COINBASE:BTCUSD   Bitcoin
Educational purposes only

Indicators on chart:
BB 100 Day 1.15, 0.55, 0.1 Stdevs (Blue)
BB 200 Day 1.15, 0.55, 0.1 Stdevs (Orange)
BB 100 Week 1.15, 0.55, 0.1 Stdevs (Purple)

Daily Analysis/Report

Date/Time: Fri Nov 1, 2019 10am
Balance/UPNL: +0%
Open Positions: XBTH20 Long @ 9410

WEEK
S. Range: 8250 – 11000 / 9600
M. Range: 4000 – 11500 / 7750
CCI: Positive + Roll up
WAVEPM: 0.576
Upper: 11250
Lower: 8600
Trend: Neutral

DAY
S. Range: 7825 – 9475 / 8600
M. Range: 8300 – 10900 / 9600
CCI: N
WAVEPM: 0.676
Upper: 9600
Lower: 8600
Trend: Neutral

4H
S. Range: 9100 – 9200 / 9150
M. Range: 7700 – 9300 / 8600
CCI: Positive
WAVEPM: 0.723
Upper: 9300
Lower: 8600
Trend: Up on 200 period

BUYS
9030; 8600;

SELLS
9575; 11250;

>>>
NOTES

Strategy
COMPRESSION / RANGE

Mean Reversion
x

Fundamental Analysis
Positive Interest, but need 100mil/week to maintain
Halving coming up
Major resistance from regulators

Technical Analysis
Bullish candles
Key levels: 200D MA (9030); 100W MA (9575)
Forming Bullish Shelf/Bearish Bart and wedge between key levels

Take Profit
9575

New Executions
XBTH20 Long @ 9410
Disclaimer

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