one hour to daily close
I will hold my short although there is also a chance for UP (like always)
If we look at daily we see it is bullish some imo
the macd, the volume slightly rising and the close above yellow line will "confirm" it to me.
I try to see what's coming...
Follow for more details and updates
All links are in TV profile
Check out the free scripts on the "scripts" tab on TV profile.
Check out related links for more details about the strategy I use.
Trad Safe and DYOR
Thanks for following
I'm not doing any day/swing trading atm, only long term hodl positions. However wanted to play with this momentum swing trade setup, based using Heikin Ashi candles... and waiting for this over sold bounce on the daily.
I admit, not the best risk/reward at 1.58, but let's see what happens... missing some trading fun.
* Bullish TK Cross and Kumo Future
* PA currently fighting Senkou B res—possible bullish Kumo Breakout if successful
* Can wait on confirmation of bullish HA signal candle per TrendMaster
* Risky entry noted above it on ATR (green)
Price has flat-lined around the $160-$165 dollar mark. Appears to have found support at the long time lower trend line. RSI has bottomed at historic weekly RSI support. Weekly Stoch RSI forming a bullish cross-over. 1D MACD forming a bullish cross. Daily heikin ashi looks good, but still have bearish patterns on the weekly. This looks like it might be a good time...
Found support at the 23.6% retracement. Very over sold on the RSI and turning around in the RSI and the Stochastics. 1 week heikin ashi is indicating reversal.
Fell through previous support, which is the first sell target. This matches up with the 38.2% retrace, around $50 - $51. If it breaks this resistance we have two more targets. The first is the previous...
You are welcome to check BitcoinMF Scripts on Trading View:
most of them are free and simple but solid when applied the right way.
The LazyMF Strategy is now launching at price of 14.99$ (~0.002 BTC) for Community...