byi_786

byi_786 Updated 

Continuing from my previous idea I've just published, I mentioned the monthly doesn't look quite as promising as the daily does... If you understand moving averages you will see what I mean straightaway. The 5 Monthly MA has not crossed the 10 Monthly MA since 2014, when it underwent an extremely long bear run lasting over 450 days looks like it's heading towards...

byi_786 Updated 

Sometimes we get caught up too much into the smaller timeframes we tend forget to look at the bigger picture. Tip: You should always before you start your trading day, start with the larger timeframes and work your way down to your desired trading timeframe. (Note: Log scale) The bigger picture on the daily chart looks fabulous. The symmetrical triangle looks...

byi_786 Updated 

Just a simple chart with Fib's and current resistance lines forthcoming for BTC.

byi_786 Updated 

Not sure how many people have noticed this, but there is a massive descending broadening wedge quite evidently formed on the daily and it is validated. The upper resistance has been hit twice, along with the support line being hit twice, all of which is showing exactly what's needed to confirm a broadening wedge, lower highs and lower lows. Hitting the support...