djuuss

djuuss

Some short term shorting targets for BTC/USD

djuuss Updated 

We've had an hourly bullish cross of the 20 over the 200 moving average. However, we've seen it do that before, and run into and be turned by the downward trendline. We've run up against that trendline again now, albeit lower, and it now coincides with the 0.236 fib of the big move lower. This for me is the level we have to get above to resume some kind of...

djuuss Updated 

On this 15 minute chart, we can see we've dipped below important moving averages , and got turned at resistance trendlines. We now have to get back above 11430, and stay above 11125, in order for this uptrend to remain intact. Personally, given the look of the 4h, daily and weekly oscillators, I think we are still headed lower - but if this current support...

djuuss Updated 

Check the chart, i think it's pretty self-explanatory. We don't need targets yet. Just buyin levels for now. Obviously, the fibs of the last move will prove resistance, as will the gann-fan lines.

djuuss

Bitcoin doesnt get away with making a lower high without getting a serious correction. So far, we haven't dropped below the daily 50. But there's very little stopping that from happening but that 50. Well, there is the fact that the 50 has held both before and - so far- after crossing the 0.618 fib level.. However, the 50MA hasn't been pierced by a wick since the...

djuuss Updated 

All there is to do is wait for the breakout, or even just a green daily CCI. Target around 0.0002 at first, longer term 0.0005