BTCUSD
BTCUSD
BTCUSDT
XBTUSD.P
BTCUSD
BTC daily tgoughts
1W. I see continuration of down trend. Price is Below EMA 50 . STOCH RSI indicating there is much more for FALL. Macd is also struggling to get to positive HIST. PA will not go UP siginificatly without these two factors IMO.
1D. PA cannot break 50 EMA and continue to fall. Today morning seems like RSI is heading UP, but If you look at STOCH RSI could conclude that RSI cycle hasnt finished yet and taking the lagging nature of indicators in affect, the small bump in RSI is actually all PUMP price action that we had yesterday as day went on in feeling of waiting for break out instead we sideways....none the less all is possible as crypto super volitaile and VOULME is key so :eyes:
12H. Same concept as 1D but here IMO we can see bull trap being set as it seems like green candle and maybe reversal, but IMO its just the STOCH RSI picking itself a bit from bottom for it to have room to DUMP hard
6H. VOlume is key if we dont get more volume soon PA will fall because clearly seen that is fighting to get back to 50 EMA area.
3H. "close long signal" seems like a breakout is about to occur but I still dont buy it....at least if we have "LONG"signal is worth checking. imo it will fakeout and not break out because there is headroom in RSI but STOCH RSI says it's in the end of movment.
1h. after yesterday's pump we have few hours of side ways... PA is still holding @ 50 EMA but IMO not for long.
STOCH is at top and Macd seems to finish positive hist phsae so I expect Price to fall.
30 min a more cear view on this sideways action. this is the TF is important as if reaches the top on all parameters 1H will come to play more.
15min
more sideways....good for scalping signal IMO as pumps and dumps occur on 15 min many times as I notice.
5m. Scalp - watch when 15min TF is "steamed-out"
1min. its just beautiful.
GOOD DAY will try to update with day unfolds
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