Optimism Pessimism hints at an Accumulation Period .
Force - Bullish Divergence with the price action, it can be invalidated at the day close if the price doesn't recover a bit.
Technometer - Bullish Divergence with the price action and going oversold at 40.25 (38 or lower is considered to be clearly oversold).
Momentum - Interest is slowly...
Momentum - it indicates declining interest .
Technometer - it shows a 🐻 Bear signal , and it is heading downward.
Optimism Pessimism - Bearish Divergence with the price action.
Force Index - another Bearish Divergence with the price action.
The overall Sentiment is too bullish , this indicates a drop in the price is near.
The target is around the 8k level.
Massive Buy opportunity:
Technometer Oversold and Bullish Divergence
Optimism Pessmism - longer term Bullish divergence
Force - longer term Bullish divergence
It suggests the Manipulators have filled their buy orders, and a move higher is to be expected.
9600 would be a good Take Profit Level.
BTCUSD Analysis
Harmonics:
- An AB=CD pattern seemed to be forming, but the ratios were not respected.
Elliot Wave:
- There is an Elliot Wave ABC correction that may be followed by an impulse.
Heikin Ashi:
- Bullish Trend.
Wyckoff Arsenal (The Wyckoff Method):
- Force vs Price Bullish Divergence;
- Technometer Clearly Oversold at 37.52;
- followed...
