DegenBrah

Very neutral BTC price - calm before the storm

DegenBrah Updated   
BITMEX:XBTUSD.P   Bitcoin
1D RSI - is still in the channel, riding it downwards:

1D Stoch - same as RSI, oscillating right in the middle, with the fast stoch pointing upwards, and slow stoch downwards:

1D Stochastic RSI - shows exhaustion, looks bearish:

1D MACD - Very neutral, but broke a channel previously formed:

1D CMF - Pretty bearish, broke a channel we previously formed:

3D RSI - broke out the channel we've been forming since July:

3D Stoch - Broke the channel we've been forming since August, but very shy, with the fast stoch pointing downwards and signaling a sell:

3D Stochastic RSI - couldn't break the channel, we're riding the top, looking pretty bearish for me:

3D MACD - Looks like jackshit, still in the same channel, pretty neutral, but both fast and slow MA's are pointing slightly upwards:

3D CMF - broke several resistance channels formed throughout the year, now closing to a possible support

1W Stoch - couldn't get more bearish than this honestly:

1W RSI - Broke the channel we've been forming since July!

1W Stoch RSI - Still in the channel since May

1W CMF - Looks bullish, but could find resistance here!

1W BBW - THIS WEEKLY CANDLE WILL CLOSE SOON AND PUSH THE BB's EVEN LOWER THAN IT IS RIGHT NOW! IT'S A SIGN THAT WE ARE APPROACHING A VERY VERY VIOLENT MOVE SOON!!!

1W Overall view - This weekly candle looks like total shit if it closes like this!

Longs vs Shorts - Longs are trying to go up a bit:
Comment:
As you guys probably already know, a change of trend happens from inside-out. So if we manage to break that RSI trend and close above it on Daily, we might kickstart BTC to form a new high on one of my targets from the first post.

I have the same targets as I had one week ago:

Short term targets:

For bulls:
Most likely: 6520 to 6550
Then: 6610 to 6635
6745 to 6830
Extremely unlikely: 7350 to 7380


For bears:
Most likely: 6350 to 6280
Then: 6200 to 6150
Ultimate meltdown target: 6070 to 5940

I also have my stoploss set on Bitstamp to liquidate half of my BTC at 6350 and half at 6250.
Comment:
First bullish OB hit @ 6209
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