TR7z

BTC / USD - Consolidation FRACTAL !!

Long
TR7z Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello traders
Happy New Year and Profitable Deals for 2022 !!

In this post, I am comparing the last major consolidation from May to July with the current consolidation !!


FRACTAL

We can find the first common ground after 23 days when BTC found its top over the MA200 4h !!
BTC then set a new low, but immediately jumped again with good volume to the limit line in white and back to the MA200
and started its upward movement after 35 days !!
Of course one cannot expect this movement to be repeated exactly, but it can serve as a good guide !!

My previous post had much lower prices, but BTC won't fall like a rock, I'm sure we want to see a bigger correction.


1T - MACD has fallen below the signal line, turns bearish
Stoch is in the oversold area

4h - 11 bullish divergences from many indicators
RSI Middle Band Resistance

1st - Stoch is slowly moving towards the overbought area
RSI has room for improvement
a bearish divergence

Ich möchte erwähnen, dass alles, was ich poste, nur Optionen und meine eigene Meinung sind!

Handeln Sie immer mit SL und riskieren Sie nicht mehr als 1% Ihres Portfolios (max. 3%) pro Trade.

Wenn Sie Fragen haben, lassen Sie es mich wissen

➡️Wenn dir meine Beiträge gefallen, drück den Like👍👍-Button, kommentiere oder folge mir.⬅️

Danke für das Lesen meiner Ideen,
Trade save !!
Comment:
BTC:D and OTHERS:D -Infos in the schart

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.