S_Kos

BTC/USD final push of the shorts ( BITCOIN )

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
on a daily timeframe
We've moved into dynamic resistance.
the key level has been confirmed many times.
At this level is EMA200.
RSI shows it's too early to short.
We should expect a push up.

Comment: At the 4 o'clock timeframe.
Divergence: the price is rising, the indicator shows that there is no strength for growth.
The movement to 7500-7600 will unload the indicator.
Comment: There is also an opinion that the price is being pulled up to block the GEP, which is open on the CME exchange.
Comment: update

Comments

Beautiful chart and TA...

Thanks for sharing, S Kos!

Stay Awesome!

David
+1 Reply
S_Kos WyckoffMode
Reply
Nice analysis. Liked!

I expect price to move down today. MACD is indicating a sell opportunity and CCI is in overbought zone. Bears are now gaining control and should act soon. This analysis is based on 28 technical indicators. Do share your thoughts :)
Reply
S_Kos Mudrex
@Mudrex, interesting to see 28 indicators
+1 Reply
Mudrex S_Kos
@S_Kos, thank you :)
Reply
this is what I have on BU, nice waves on it as usual
Reply
S_Kos transparent-fx
@transparent-fx, excellent shorts will get from the level)
Reply
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