Felix000

5 Months up in a row plus retrace looking good - To the moooooon

Education
Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
NOT ADVICE. DYOR.
Comment:
Comment:
Comment:
Plus seen BTCUSDShorts 20MA down MACD Signal Line positive Histogram red. DXY green candle like 13 Nov 17
Comment:
Soon as market sees a bottom in TNX and end to DXY retrace then boom we may start go to the moooooooooooooooooooooooon. If DXY goes higher then we need to look at a bigger picture. Bitcoin looked so close to going bananas Friday 5th July, now it could take a little longer. We'll see. DXY not dropping does not mean bitcoin can't go higher but my analysis on a previously published chart indicated to me that it could help NOT ADVICE. DYOR.
Comment:
How are we doing.
5 Months up in a row plus 38.2% retrace looking good like Sept 2017, and close to the May 2019 high. A lot higher from the 7 Mth MA though which is nearer a 61.8% retrace. NOT ADVICE. DYOR
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.