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Kru-KB

BTC-Bitcoin Swing Buy

Long
Bitcoin (BITSTAMP:BTCUSD)  
Kru-KB Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Technical Indicators BTCUSD Bitcoin (Cryptocurrency) bitcoinlong BTCUSDT btcusdlong
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trendanalysis harmonicpatterns indicator btcusd bitcoin bitcoinlong btcusdt btcusdlong
BTC is approaching major demand zone in price on Daily Time Frame.
Deep Crab PRZ/HOP on 4 Hour
1 Hr Bullish DiV in Price wrt to RSI and approaching major support zone.

Comment:
Snapshot attached for Ref.

snapshot
Comment:
4 HR Deep Crab Bullish Harmonic Pattern

snapshot

X-A 1.618 FIB
BC FIB Projection 3.14 to 3.618
Comment:
1 HR Bullish Divergence in price with respect to RSI

snapshot
Comment:
4 HR Squeeze shows that Bearish Momentum is fading away slowly. look when the Squeeze happened as shown in blue dots and when histogram shown there started becoming negative, we saw bearish momentum. Good news is this bearish momentum now is in the process of slowly settling down and bulls started defending the price.

snapshot
Comment:
Weekly time frame trend is still negative however but from here you may see price consolidation followed by bounce and then further sell off likely. However, the short term selling seems to be in the process of absorbing by bulls/buyers.
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