Hello there dear traders,
this is a short update!
Thanks for messaging me, liking and appreciating the content.
I decided to keep this "show" rolling. Will update once a week or every two weeks!
TA:
We had the local top of 14000USD in 2019, which found the first support at 9000.
Afterwards it tried to retest 14000 but failed at 12500.
Since then we are in a bearish downtrend-channel, which looks like it found support at 6500 twice.
I am expecting another leg down to something like 6700 and a RETEST of the major support 9000, which is a now a resitance!
Volume is increasing, RSI shows a bullish divergence, volume profile looks fine, Bitmex short Index is looking good as well, Bitfinex Longs are declining, Hash Ribbin tells us to accumulate- all in all looks good for another pump up to 9100 in addition to the daily 200MA, which will be at 9100, too!!
Hope to see you in the next one.
If you like the contet or it helped you while trading, do not be shy and leave a like or comment and subscribe to not miss any updates.
Until then, thank you for taking your time,
your quality trader
this is a short update!
Thanks for messaging me, liking and appreciating the content.
I decided to keep this "show" rolling. Will update once a week or every two weeks!
TA:
We had the local top of 14000USD in 2019, which found the first support at 9000.
Afterwards it tried to retest 14000 but failed at 12500.
Since then we are in a bearish downtrend-channel, which looks like it found support at 6500 twice.
I am expecting another leg down to something like 6700 and a RETEST of the major support 9000, which is a now a resitance!
Volume is increasing, RSI shows a bullish divergence, volume profile looks fine, Bitmex short Index is looking good as well, Bitfinex Longs are declining, Hash Ribbin tells us to accumulate- all in all looks good for another pump up to 9100 in addition to the daily 200MA, which will be at 9100, too!!
Hope to see you in the next one.
If you like the contet or it helped you while trading, do not be shy and leave a like or comment and subscribe to not miss any updates.
Until then, thank you for taking your time,
your quality trader
Comment:
Hey guys, as you can see, the target was reached tonight!
Very nice trade!
Keeping you updated on this!
Very nice trade!
Keeping you updated on this!
May the force be with you
The 6900 tripple bottom
The uprise towards 9100 (we are at 8400!)
I keep it updated!
Thanks for the messages on TW and Bitmex-Chat!
Be careful with your funds, have fun,
your wuality trader! :P