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BITCOIN is still BULLISH. Because we are Embedded.
Bitcoin
Long
BITCOIN is still BULLISH. Because we are Embedded.
By BallaJi
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Updated
Mar 16
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Feb 20
I see people trying to short this market!
WRONG, WRONG, WRONG.
You should be
LONG, LONG, LONG.
Whilst the slow stochastic's are embedded - which they have been for 10 days now.
How do Slow Stokes embed? 3 continuous days with readings above 80 on the K&D line.
You now have a indicator that has flipped from overbought to a LOCKED đź”’ in trend.
(This also works in Bear moves with reading under 20)
We could see 55K easily by Friday a return. move to the upper Bollinger Band.
If at any point the stochastic's close under 80... they can regain their embedded status, the very next day ONLY.
Also losing the stochastic's doesn't mean to short, but simply take some chips off the table.
Feb 21
Comment
STILL
EMBEDDED
so for now
these dips are meant to be bought.
Feb 23
Order cancelled
Stochastics are no longer above 80.. warning.
Unless there is a big green candle today I assume they will close below that 80 zone.
Feb 24
Comment
what if the stokes re-embed next week????
Feb 29
Comment
On the CME Bitcoin futures
The slow stochastics
ARE still embedded
and have been since the 12th of FEB!
Gotta look at the CME charts as well.
Mar 5
Trade active
incredible stuff
Mar 8
Trade active
Still embedded on the CME
upper Bollinger band over 71k
Mar 12
Trade active
broken record still embedded
upper Bollinger band $73605
Mar 14
Trade active
you guessed it still embedded :)
upper bollinger band @ $78,236
people seem to be getting bored of these high prices
maybe Honey badger has to add another 6k to entertain you some more.
Mar 16
Comment
just checking Friday's close
yup still in the zone
Bitcoin (Cryptocurrency)
BTC
BTCUSD
BTCUSDT
Technical Indicators
indicators
Oscillators
slowstoch
stochasticoscillator
Trend Analysis
BallaJi
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