Looking at the weekly chart, I noticed a clear H&S pattern on VWAP. VWAP is an intraday indicator, but it can show a pattern in larger frames, like now. I was trying to find a way to draw and measure it clearly on commonly used timeframes, but it is most apparent on a 2h chart. As you can see on VPVR on the right, the neckline is below the 27100 resistance,...
Forecast Bitcoin BTCUSD still going to be sideway range in short term. No divergence in PLF indicator between recent 2 high points.
It is still on uptrend line, Momentum still good Neckline should be a good support area. Bitcoin is trending in the world. Indicator use :
Nov 16 show buy signal Trend Wave changed to uptrend. stay above 0.745 is a better trend
Strong support on trend line Good Risk Reward Ratio
Still showing purple trend (Bear Trend) Price is below EMA25 and EMA50 Oneday Show by glove related stock, both 2days are high volume Avoid to stock which is not in rally trend