After BTC mama jumped off the cliff, bulls caught mama on 6400. Now they are taking her to 8th floor.. who know 9th floor or above is also a possibility.
Daily Chart:
Stochastics and RSI oversold with bullish momentum
Weiss wave buy volume initiated
We finished TD sequence (9th candle) with a hammer and bullish cross on Stochastic at the same time
1H chart: Pennant after pennant which shows the confidence of the bulls (and the whales). It was interesting to see the price holding over 7200 from last night.
In my previous post, I posted two signals. I expected BTC to go up to at least 7350, because on the 4H chart we have ichimoku cloud as resistance around 7400. As BTC is holding above 7200 we should be able to get close to 8K and if we hold there strong we will test 9k then.
*** This is not a financial advice. Trade safe. *** Bulls should fly and bears should eat donut :D
Comment
⋅
We are currently facing resistance from the ichimoku cloud on the 4H chart and the Stockastic RSI hanging there at the top. I would expect a pullback around 7200 and then rally up again. Plan your game ahead. *** This is not a financial advice. Trade safe.
Comment
⋅
Things are not looking too good on the 4H chart. Have you stop-loss set in case we are heading back to darkness. We can only wait and see.
@mushfiq, BUT that being said, under some pressure I opened a lil long yesterday at 7,3 and left it overnight which I do not ever do, and I don't usually do it so late in the run up BUT I keep it open still. Why? This: t.co/hzfj5T8DtW
venturetrade
⋅
@mushfiq, that H&S idea did not last long lol. But i think we will see another pump so I will just wait. I dont think we are going all the way back to 6,4 now
samiswilf
⋅
Incorrect. Short.
ForecastCity
⋅
Dear friend, the chart is very crowded
TheLongBear
⋅
@ForecastCity, Sorry about that. On the top left corner of each chart, there is a (-) negative button. Please click that . Most of the numbers will go away. It will look a bit better. Because I wanted to show two frames it got crowded.