r.balejik

r.balejik

bullish RSI divergence, stuck at 0.382 retracement waiting for breakout up to major resistance area, if it breaks 0.236 short

r.balejik

RSI bullish divergence, it has yet to hit major resistance area, long for now

r.balejik

bitcoin is playing nice fractal, lets see what develops from it. I am personally for short, but let's see

r.balejik

I can see a triangle.

r.balejik

with the upcoming fork (sidechain) monerov.org huge scaling improvements, it's only on way up - Mr. Ichimoku approves.

r.balejik Updated 

I choose the bottom trend line like that cause I think after segwit it was too hyped and current correction kinda cooled it down and that's realistic long term. The red down TL is more out of curiosity but the upper green is def relevant and BTC has to break that triangle to the upside to be bullish.

r.balejik

"long term" trendline (~ 1 year) and 200 MA will cross near the edge of that huge (ascending) triangle, so the decisive moment is few weeks ahead. As long as COINBASE:BTCUSD stay above that long term trendline I'm very optimistic. And even if it croses it, there is still a chance of breaking out that triangle to the upside.

r.balejik

Ichimoku cloud above the price and also bearish cross (50 MA, 200 MA), been too hyped up

r.balejik

nice ascending triangle, RSI looks good

r.balejik

ichimoku just cross the chart, but 50d MA crossed 200d MA from above (but only by a lil - not crystal clear) and CME futures were due in 9 days that's why there was only a little correction on 9th december. But on 21th all ichimoku cloud went up and and 50MA - 200 MA cross was rapid so it fell under the trendline