Updated

Bitcoin: Is this correct?

I don't know. Does it make sense? Thank you for reading and sharing ideas.

Note

That blue rectangle is the battlefield illustrated in my previous posts. Link:

Bitcoin: Nice attacks from Bulls but Bears resisting

Note

If you unfold it you will see how volumes grows supporting these attacks. lol

Note

Will they be enough? Hope so. I am not a professional trader and these are only my personal ideas. lol

Note

Be carefull just in case that resistence holds and bulls exaust their momentum. These are waters not to be navigated if you are not an expert sailor. lol
Sorry for my english.

Note

If that RSI turn under 50 I wouldn't want to be bull short-term. lol Hope it doesn't.

Note

The 50 I refer to is the one shown in the 1st chart of this post. Sorry I should explain myself better.

Note

Just a note: The 1st chart is 240min. The 2nd is 30min.

Note

Will this action be repeated in the 1st chart? I don't know, I am not a professional trader. Please be carefull and be patient.

cozzamara

Also on:

Disclaimer

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.

cozzamara

Also on: