Take a look, I Just Love This Analisis. Blue MA does not cross down on red MA, and even if it does as long as volume is half of the previous highest volume on 3/9(and this bar was 1/2 of the bar in 12/7). BTC price action will be on and upside trendline . For there to be a substantial move to the upside on the price of BTC, volume will have to climb at or...
Target is 15185, and then a reverse to test upper band of major down trend channel 7825. Also, 3/26 can be the bottom of wave, then, go long for another up swing.
I show two diverging trendlings, on the CCI there is down trendline that should hold due to the low volume and the weekend. This weeks recovery was short lived because of the underlying price pressure to continue down (bearish). This will form a strong reversal pattern preferably www.tradingview.com a H/S.
On the Daily Chart I have a baby blue Arrow Pointing down. I expect the PSAR to fall and hit my DC lower value. Will bounce to my target. Then I expect a drop in mid March to possibly the end of April . In Conclusion I'm not buying till after April. www.tradingview.com
