Inizia
Bitcoin
Short

BTC - Something to watch for.

Di BMoom
Aggiornato
Two options: Bullish break out from symmetric triangle for a continued short term rally. More likely, a break down of symmetric triangle off TD 8 or 9 daily count, with a head and shoulders pattern and further breakdown to red buy zone.

Note on this next buy zone: I've become very doubtful this next buy zone will be our bottom.
Trade attivo
I'm still targeting green line as target 1 and possibly blue line as target 2.

Green trend line should coincide with Daily TD 9 and 128D MA, making it very strong resistance. Target price just below $7300.

istantanea
Nota
4hr chart may have a short term sell off. Watching for something like below.

istantanea
Nota
istantanea
Nota
Broke down last night, but I think a bounce here at support and MA with oversold RSI is likely. I may have to reevaluate my targets if this plays out this way.

istantanea
Nota
istantanea
Nota
I'm inclined to think a break out is coming with golden cross of 50 and 200 on 4hr; however, be extra cautious with the TD9 sell candle on the daily chart. Still going to hold my target of $7300, but a breakout may bring it higher to $7500 area. In that area we should hit overbought daily RSI and TD9 sell candle, so should be a good exit.

istantanea
Nota
istantanea
Nota
Right on track.

istantanea
Nota
A little early, but perfect hit. Now to wait to see if we can push higher or if that is it.

istantanea
Trade chiuso: obiettivo raggiunto
Nota
Watching for a decisive close over resistance or breakaway, but the chance of a break out here is looking reasonable/likely.

istantanea
Nota
Break out was not decisive and failed to close above resistance. Daily RSI is trending down from over bought on a TD2 candle. If the 2 candle can not decisively close above the 1 candle, then I will expect a significant pull back. If 7K is broken, I will then start targeting lower lows, likely in the 4.5k area.

istantanea
Nota
Possibly something to watch for.

istantanea
Nota
Breaking out.

istantanea
Nota
Channel broke

istantanea
BTCBTCUSDChart PatternsTechnical IndicatorsTrend Analysis
BMoom

Pubblicazioni correlate

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.