ItisCalvin
Short

Trends! They be everywhere

BITSTAMP:BTCUSD   Bitcoin / Dollar
501 2 3
It seems for now the indicators look like they want to give a SELL signal. If there is a move up it would be unsustainable since all the oscillators indicators would remain OVERBOUGHT*.

ATR looks to have peaked giving a STOP for the upward trend. Usuallly trend can continue even after the peak, but volume is dying with it.

Bull target: 500
Bear target: 450 - has to break 480

Extreme Bull: 535
Extreme Bear: Anywhere between 425 down to 400 - There is a possibility for a new support to form.
As always give or take 4 on all targets.

Time frame; No later than 3 days. Possibly test support in 1.

*Edited from OVERSOLD to OVERBOUGHT
Great chart, very balanced and thoughtful !
Reply
ItisCalvin threecats
Thanks. And it looks like we just fell through to the bear target.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out