BTCookieMonster

BTC - Godmode RSI MACD Daily

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
On the Daily BTC             fired long on the Godmode indicator over 24 hours ago; RSI bounced lower than on 3/31 at 6450; MACD Histogram rising, MACD curling up toward a cross; Resting upon and within a confluence of major fib levels...
Comment:
Comment:
Comment:
Comment: If you think its still just going to 9100...this is what that will look like...
Comment: Hidden Bullish Divergence on the Daily
Comment:


Comment:
Comment:
You know what happens when these touch...
Comment:
MACD Cross on the Daily chart...
Comment:

Comment:
7971 Max for Potential Wave 5...
Comment:
Comment:
Previous count with potential impulse voided...
Looking for double bottom at 7052...ever decreasing volume; currently bouncing off trend line from 5811 to 6450...
Comment:

4 Hour RSI shows move down looking like wave 3.
Comment:

BTC bouncing of trend line support (6522-7058) for Wave 4; 4 Hour RSI nearing previous bottoming lows...
Comment:
1 Hour Godmode firing Long...
Comment: 1 Hour Rising MACD Histogram; MACD Bullish Cross...
Comment:
Daily RSI
Comment:
RSI Lows on 1439 minute chart...
Comment:
Current Daily RSI 29.5835

New Count
Comment:
Comment:

Comment:
Double Bottomed at 6450...


1 Hour RSI Triple Bottom...


Wave 5 count...the end is near...(?)
Comment:
Comment:
Comment:


The trend line was broken with BTC falling below 6450...Count to be updated...
Comment: A bull wick would have been ideal in breaching the trend line but the current daily candle is only showing indecision with a loss in selling pressure but a doji or green hammer on the close will be the sign of possible reversal in play.
Comment:
Daily RSI below the low of 2/4/18...officially no mans land now...
I think we will see 5.4-5.8K and it seems looking at weekly and monthly charts that July seems to be the trigger month for uptrend.
Reply
Junior do you think we're likely to breakout bullish of this December-June triangle?
If you had 3 to 5 major points to be bullish, what would they be? Would love your thoughts.
You've been quiet on Twitter, hope you're enjoying time to yourself!
Reply
@kitkat16, thank you! I've been pretty active on twitter recently. As for bullishness, I have heard everything that you and everyone else has heard, at this point we can only read the charts
Reply
What do you think is about to happen junior? More down or will bulls come to the rescue?
Reply
BTCookieMonster mayernetworks
@mayernetworks, Still a bit more down to go; expecting that double bottom still...
Reply
BTCookieMonster BTCookieMonster
@BTCookieMonster, up to 7350 max before coming down for wave 5
Reply
mayernetworks BTCookieMonster
@BTCookieMonster, thanks. I appreciate the help
Reply
mayernetworks BTCookieMonster
@BTCookieMonster, I was thinking about 6600. Are you talking about the 6k bottom? Do you think in the short turn we will have a small bounce back up?
Reply
BTCookieMonster mayernetworks
@mayernetworks, Double bottom at 7058
Reply
The indicators are not the problem. It's the amount of volume decline over the past several months. Regulation concerns and people getting burnt by BTC has lessened interest from new investors coming in. Institutional investment should refuel interested after regulation concerns are addressed. Just my opinion though.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out