Looks like we have a change of speed. Let's see if we nicely bounce of MA25 to speed up again.
This uptrend line has been providing support for 3 years.
So using a small amount of BTC i had laying around at cex.io, I decided to practice my trendline/fib strategy skills on this crypto pair. As you can see, a nice uptrend channel has moved up fib levels and may be in one pull last pullback before hitting the full retracement. I going optimistically long using MACD crossing as confirmation that we're still in an...
I guess the Chart is self-explaining. There is a clear pattern in the channel. uptrend already going on after last correction.
Seems like the cross BTCUSD is in an uptrend started around 12000$ and headed for the previous high at around 19000. The trend is confirmed from the MACD crossover that reversed the path from bear to bull. In the absence of a major breakout of the trendline that is serving as a dynamic support I would expect a bull market.
Hello, we have here a great example of channel movement in showed pitchfork. Price just entered support Ichimoku cloud and it should bounce off it up, to showed point. If it lose war against support, it may crush hard back to about 2000sat, but its unlikely. We will see how long it will continue uptrending in this pitchfork, so its hard to say if its long or...