lower highs, still in the descending wedge, I see this head and shoulders starting to be more and more likely. that said BTC likes to flick off first then dump.
quick scalp, targeting the top of the trend line ,tight stop
if you been following me, you should know that I was pointing out the warning signs of this, the monthly look really bad too. holding the short
might not see the top of the trend line, on the chart are the reasons why start short.
3 day looks like more down short term upon smaller time frames thoe , on the 1 day there a bullish divergence but the indicator is showing me that it will fail
tell me what you think, love to know what you are thinking
well, money has leveled out and curving up that's good for the bulls. we still have a trend line to break if we want more upside. all this is nice and all for the bulls but that trend line to be broken would be a nice tell signs that were going to the top of the channel again . we still haven't printed the green diamond on the day, so still overall bear until that...
Bitcoin looking to get some dominance on the 1 day doesn't look all too great but the 3 days and the 4 days if they close we might see an uptick only thing that makes me lean towards the downside more is the money is leaving as you can see
in this down channel support broken looking at 2$ EOS If we bounce having a trailing stop to the top of the channel if hit then time for more shorting opportunity. daily wave has not cut in a buy signal and printed as confirmation. there is a divergence that might play out
money is still leaving the market lower lows on the money flow were probably going to 6500 b4 a bounce to continue the downtrend channel
What is the Volume-Weighted Average Price (VWAP)? The volume-weighted average price (VWAP) is a trading benchmark that gives the average price that has been traded throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of the asset. You may use VWAP to assess the price paid for the...
Heiken-Ashi, means "average bar" in Japanese. The main difference between traditional candlestick, Bar charts and Heikin Ashi (HA) charts is that HA charts the average price moves, creating a smoother appearance. Because the HA price bars are averaged, they don't show the exact open and close prices for a particular time period. How to use HA: Use one period to...