PhinkTrade

PhinkTrade

BTCUSD smaller time-frames are in full uptrend, as can be clearly seen by the fan shape of 72 min averages. Still, medium (and larger) TF''s remain in a consolidation structure. A relevant resistance (blue average on 305 mins) has been breached, making way to the next one, grey, at around 8.6k (Bistamp). This suggest a correction is likely to happen from around...

PhinkTrade

As reported by spot vs margin volume indicator, traders' will to go long started 12-16 hours before yesterday's drop (1), likely betting on a 0.618 fib bounce. It happened swiftly after fib touch, with huge spot / exchange volumes kicking in, most in a single 1 min candle. Shorters have contributed to the move with some good amounts of closings (2), aka...

PhinkTrade

How simple can it be? Very simple (not really, but still, a good deal..) Let's enjoy! (not trading advice; trade at your own risk)

PhinkTrade Updated 

Here's a high level view of BTCUSD, considering some TA fundamentals. Hope it helps. Comments are welcome. (As usual, the disclaimer: this is not trading / investment recommendation / advice).