I guess there's nothing special compared with previous briefing. so, here is short briefing for BTC on BITFLYER. 1. Short Briefing a. Breakout of Flag pattern. b. Breakout of up-trend line -> focus on closing price on daily chart c. Moving between Fib. 0.5 ~ 0.618 At the moment, many conditions are not so good for going up. Breakout of many support lines...
Price touches the strong support line and form a head and shoulder pattern,price direction changes to Bullish trend going to the resistence line. For new entries, wait to a pullback to make a entry and good lucky!
Still move sideways for days. Let's start the analysis for today's BTC/USD chart. If you are busy, you can just read below briefly '1. Briefing ' '6. Summary and Strategy' and click '+Thumb up, +Follow' :-) 1. Briefing # Possibility to penetrate down-trend line by Sideways Movement # Need to break 100EMA for day # Need to break 20EMA Resistance for...
3 Indicators(VIX, RSI, RCI) shows short sign for a while. I
volume into right shoulder of completed H&S is typical bullish pattern confirmation. let us send these margin shorts to the poorhouse! all shorts and margin trading is counterfeit liquidity to begin with the new decentralized world will have no use for such mechanisms of fraud. good luck! $150k in October!
We are seeing a rising channel in the Japanese markets suggesting bullish price action to come, this could mean a jump to 6500 is more likely than i previously thought, keep your eyes open
Paper traded sell.. lets see.. good night (tokyo time)
Some on twitter are bullish. The general sentiment seems to be bearish. Patient... Patience... The recent pump looks to be facing resistance. Will it breakout? A breakthrough of the 50 RSI seems to be a safe indicator of trend reversals. Meanwhile, I'm bearish.
I believe we'll drop out of the small descending wedge and make one final drop before having a strong reversal and going above the ichimoku cloud where there daily resistance is very weak. I'm not a professional trader or anything, so please just look at this as entertainment, nothing more.
South Korea country will be easing the tight hold on crypto trading currently in the country. This could be the case in more countries soon which should help bring more investors in the space. We finally have some bullish action today with a bullish engolfing on the daily chart. Of course we still need to wait for the close to consider this candle but it looks...
I hope for not resuming here harder downtrend. Only correction is that what i want;)
Look at the orange lines (they are logarithmic targets for the triangle -20% of logarithmicly measured upmove length - because market often not fulfil the formations in 100%)