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Wavema
Dec 21, 2018 8:56 AM

Memo BTC 21th dec + Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

D: We hit a big downtrend line. MACD is exponential. Hudge bullish momentum
4H: Stoch is heading down lower than a few days ago: bearish divergence ? + Many wicks on candles (up and down)

What I expect down sooner or later : target 3750 $. Then long. Next resistance: EMA: 4 400 $ - 4 500 $

Comment

1H. same situation as yesterday. breakout ? I don't think.
Look on the 4H chart: bearish divergence. But all remain very bullish. So, I would say small pullback as I said a few hours ago. And big up.

Comment

Good :) It will probably go a bit more lower to test the support.

Comment

Comment

Buy ? 1H: perfect setup.
4H: Stoch RSI flat. on the bottom. No power. MACD: big bearish momentum. And it's not fading away.
I don't buy now, I wait a better support/conditions
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