Watchlist Update 20 | BTC (Markets tightening)
Updated
Hey everyone, today will be a short update with a focus on BTC-USD on Coinbase. I’m mainly reiterating a part of my strategy and the fact that I’m testing a lot of different methods at the moment in my quest to throw out the bad and maintain the good.
The markets are consolidating i na tight range, BTC’s next move will be telling of the overall direction fo this market within the next few days. I personally expect a breakout to the upside, but we may get a minute pullback to 11180 - 11300, due to the formation of an ascending wedge. The cup and handle pattern and possible ascending triangle as well as the near completion of the reverse head and shoulders pattern(s) easily outweighs the short term ascending wedge, however.
That's all for this update, have a great week everyone :D
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Useful videos related to today's update:
Trader Branden Kelly’s Youtube Channel (pioneer of the moving averages and specific time frame system that I use):
youtube.com/channel/UC-f5nPBEDyUBZz_jOPBwAfQ
Ichimoku basics: youtube.com/watch?v=Y9QM8WRRWzE
Ichimoku altered for Crypto: youtube.com/watch?v=FDR76ZdU3nw
More details on Ichimoku: stockcharts.com/school/doku.php?id=chart_school:technical_indicators:ichimoku_cloud
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Cryptide Discord: discord.gg/cNMUQk
Cryptide DTube: d.tube/
Cryptide Steemit: steemit.com/@cryptiderising
Follow me on Twitter: twitter.com/Rotiwoki_woo
Bitcoin Donations: 38n9J1kiN21FakTE8Z1VCPi2UgMn22rfSL
--
This is for educational purposes only, this is not financial advice. All the best to you!
The markets are consolidating i na tight range, BTC’s next move will be telling of the overall direction fo this market within the next few days. I personally expect a breakout to the upside, but we may get a minute pullback to 11180 - 11300, due to the formation of an ascending wedge. The cup and handle pattern and possible ascending triangle as well as the near completion of the reverse head and shoulders pattern(s) easily outweighs the short term ascending wedge, however.
That's all for this update, have a great week everyone :D
--
Useful videos related to today's update:
Trader Branden Kelly’s Youtube Channel (pioneer of the moving averages and specific time frame system that I use):
youtube.com/channel/UC-f5nPBEDyUBZz_jOPBwAfQ
Ichimoku basics: youtube.com/watch?v=Y9QM8WRRWzE
Ichimoku altered for Crypto: youtube.com/watch?v=FDR76ZdU3nw
More details on Ichimoku: stockcharts.com/school/doku.php?id=chart_school:technical_indicators:ichimoku_cloud
—
Cryptide Discord: discord.gg/cNMUQk
Cryptide DTube: d.tube/
Cryptide Steemit: steemit.com/@cryptiderising
Follow me on Twitter: twitter.com/Rotiwoki_woo
Bitcoin Donations: 38n9J1kiN21FakTE8Z1VCPi2UgMn22rfSL
--
This is for educational purposes only, this is not financial advice. All the best to you!
Note
Someone in the Discord server just informed me that I have foolishly been posting an outdated Discord invite link this whole time! Here's the most recent one: discord.gg/zNFFFn
I'll update these links every day from now on ;)
Note
Fail! Ok this one should me permanent, but I'll ensure to update every day either way ;) discord.gg/DnsjXCb
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