Hi guys, welcome with my chart 2H of Bitcoin analysis.
We have short uptrend in last time and now Bitcoin are nearly sideway. All signal now is not clearly but I also get 2 ideas and the situation of each way.
Stoch: Divergence >>> uptrend in next
Elder Impulse: Red >>> downtrend in short right now
MACD: downtrend in short right now
Conclusion: We just dropping and downtrend just occur, it clearly reveal in Elder Impulse and MACD indicator but Stoch show divergence so we can hope small uptrend will be next and break the pattern. Our job is wait for Bitcoin break up or down the pattern for next action.
Thank for reading and good luck!
We have short uptrend in last time and now Bitcoin are nearly sideway. All signal now is not clearly but I also get 2 ideas and the situation of each way.
Stoch: Divergence >>> uptrend in next
Elder Impulse: Red >>> downtrend in short right now
MACD: downtrend in short right now
Conclusion: We just dropping and downtrend just occur, it clearly reveal in Elder Impulse and MACD indicator but Stoch show divergence so we can hope small uptrend will be next and break the pattern. Our job is wait for Bitcoin break up or down the pattern for next action.
Thank for reading and good luck!
Note
We are in sideway market so be careful guys, everything can be happen, risk taker can join and put order, if you dont want get risk so stay out of market now and wait clearly signalsNote
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.