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WaineNZeddmo

BTCUSD BITCOIN SHORT TERM TRADING POSSIBILITY 30M

Long
Bitcoin (BITFINEX:BTCUSD)  
WaineNZeddmo Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Chart Patterns Bitcoin (Cryptocurrency) BTCUSD
5
0
trendanalysis indicator chartpattern bitcoin btcusd
There is a downtrend in the 30M chart, but with a divergence visible on the RSI, which could lead to range market conditions between 2620 and 2720 or a bullish rally, over 2720. Stop-buy may be placed as shown in the graph towards 2820.

Also, confirmed excursion from the Keltner Channels, and Ichimoku Cloud would confirm the trade.

WNZ
Free updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading

snapshot
Trade active:
Stop-buy 2761.4
Comment:
Price bounced from 2760. I am keeping my stop-buy position active, there is a bullish trend on the 15M and 30M chart and ADX confirms it.
snapshot
But if price closes below 2700 is time to cancel the trade.
Comment:
H&S seems obvious
snapshot
About to cancel trade.
Order cancelled:
Market currently in range
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