An Interesting Bitcoin Chart... for many moons to come
So we are right on the cusp. I can't really add much commentary here. If you know what you're looking at here, you can tell why.
RSI - it's above the critical resistance and is testing it as support.
Ichimoku - Price is under the green cloud being held down by the "red line" (sorry ichi guys... why speak Japanese?") But the lagging span has emerged from the cloud bullish. That's really good news.
Pitchfork - As you can see, the price is climbing the ladder. Just retesting the latest hop over the 0.414 as support.
Price - It seems that Black Horizontal Line around 6k is the mean of means. It's like... the only price that matters it seems. So much volume built around that price over the last 2 years.
So, this is either the best time to buy BTC ever or a really great time to short. I'll let you use your analysis and trading system to sort that out. I just think it will be interesting to see this chart play out over the next year, that's why I'm posting it here. I don't do many ideas on TradingView but, I think this one is really special. Thanks for stopping by. I hope you win all the things!!
RSI - it's above the critical resistance and is testing it as support.
Ichimoku - Price is under the green cloud being held down by the "red line" (sorry ichi guys... why speak Japanese?") But the lagging span has emerged from the cloud bullish. That's really good news.
Pitchfork - As you can see, the price is climbing the ladder. Just retesting the latest hop over the 0.414 as support.
Price - It seems that Black Horizontal Line around 6k is the mean of means. It's like... the only price that matters it seems. So much volume built around that price over the last 2 years.
So, this is either the best time to buy BTC ever or a really great time to short. I'll let you use your analysis and trading system to sort that out. I just think it will be interesting to see this chart play out over the next year, that's why I'm posting it here. I don't do many ideas on TradingView but, I think this one is really special. Thanks for stopping by. I hope you win all the things!!
Comment:
Welp... There ya go. Apparently that cloud provided some stiff resistance!