Dubdenhang

Dubdenhang

Btc is looking strong bull run to me base on the chart pattern in technical ways

Dubdenhang

It's my simple technical analysis, just want to save or publish to see in future price movement

Dubdenhang

Market does it's own way, nothing is impossible, we shouldn't forget some day bitcoin was started from zero it would be back to again which is nature, trade/ invest with caution if you make it profit take it

Dubdenhang

1, 50 EMA in monthly chart rejecting in resistance area 2, 50 EMA and 200 EMA crossed each other in weekly time frame first time in bitcoin history 3, RSI in monthly time frame rejecting instead of cross each other 4, Price went up without any perfect price action 5, Market is still bearish I think it just pull back to previous resistance level or unable to make...

Dubdenhang

Everything charts speaks itself, if anyone could do simple technical analysis

Dubdenhang

Upcoming BTC price base on RSI pattern has not confirmed it just foaming, it may reject same like shown in arrow then one more big bearish , if RSI line cross each other perfectly clearly then bullish in continuation confirm

Dubdenhang

why I say bearish is not over 1 there is no strong solid green candle in daily or weekly chart pattern that mean there is no buying pressure which imbalance price action to bullish, big money/ smart money or who invest with logic are still waiting solid support level or orders already waiting on strong support level

Dubdenhang

Hi Everyone, this is my simple technical or fundamental analysis base on the past history price action, just imagine how could hit one Btc 69k then isn't is possible to hit 690k for one bitcoin, what ever we only invest what we is affordable of comfortable :)

Dubdenhang

The way I market analyze doesn't match you because I might not level of you, its not blindly guessing its all about skill with logic.

Dubdenhang

bitcoin believe to be go this pattern , before starting big bull run it need to drop to button dark area

Dubdenhang

My simple technical analysis shows bull market will be the next

Dubdenhang

My thinking price need to touch monthly support level and cross over trend line only start bull market

Dubdenhang

we do not over technical analysis , keep everything simple because simply is the best, find the perfect time frame where is the clear picture of price action is happening.

Dubdenhang

Nothing can go high without solid base or foundation, this strategy apply in financial market as well

Dubdenhang

we try to predict incoming price base on the past price action, it would be react exact same way as before or may be not :)

Dubdenhang

one of the popular forex asset moving accordingly trendline support and resistance, not top and bottom support and resistance

Dubdenhang

price go either way we just look in specific areas to figure out what is going to do next

Dubdenhang

My simple TA is showing there will be big movement will be happen in USD/CHF