mohamad_r

BTCUSD 15min crucial point

mohamad_r Updated   
BITFINEX:BTCUSD   Bitcoin
hello guys /girls here is my new chart
hope to see some comment this time agree / or disagree
now lets see whats going on in BTC chart (15 min )
as u can see i draw a new chanel inside my last one that BTC is moving inside it
right now we touched downterend line and wer going for upward move
there is divergence in our MACD (blue line ) thats a signal for upward move also our RSI is in the middle that show us potential of our move .
inside of that chanel we have 3 support.resistance line the blue one (strongest ) the red one ( second strongest ) and the green one ( weak )
and as u see we already break the green line and we head for the blue one .but i think we well see test of that green support line for once at least before we go for next line if we see that line work well as support then will move to test our strongest resistance ( blue line ) and after that uptrened line is our goal for now .
but if we failed in all of those senarios in top red line will be our support before my previous supp in my last chart
Comment:
as u see green support fail and we are engage to our red line resistance . now if breakout happen in downside we will aim for our next resistance (doted blue line )
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