Ichimoku_Trader

Heads up .. again

Ichimoku_Trader Updated   
COINBASE:BTCUSD   Bitcoin
20
We are at resistance .. AGAIN
So be careful
Comment:
A close below 50% of today's bar is a micro divergent bar...
Comment:
We've just broken the 50% level
All we have to do now is close on the daily below it to have a confirmed Micro Divergent bar
Comment:
So what is a micro divergent bar...
Comment:
The candle just closed at almost exactly 50% so I would classify that as more indecisive then bearish

That's it for tonight I guess
Comment:
And....
We have broken the lows .. finally
Comment:
The UML of the pitchfork is currently acting as support
Next support is TS
Then the KS
Then the ML where we should expect some important action if we break the 3 levels of support mentioned above
Comment:
Comment:
The power of the PanOptic Method...
Have a nice weekend
Comment:
We broke the high and are back at the resistance line
We should expect a reaction here
Comment:
Also, how price will react now will tell us a lot about what to expect next
So today's candle is really important

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.