Hello traders Happy New Year and Profitable Deals for 2022 !!
In this post, I am comparing the last major consolidation from May to July with the current consolidation !!
FRACTAL
We can find the first common ground after 23 days when BTC found its top over the MA200 4h !! BTC then set a new low, but immediately jumped again with good volume to the limit line in white and back to the MA200 and started its upward movement after 35 days !! Of course one cannot expect this movement to be repeated exactly, but it can serve as a good guide !!
My previous post had much lower prices, but BTC won't fall like a rock, I'm sure we want to see a bigger correction.
1T - MACD has fallen below the signal line, turns bearish Stoch is in the oversold area
4h - 11 bullish divergences from many indicators RSI Middle Band Resistance
1st - Stoch is slowly moving towards the overbought area RSI has room for improvement a bearish divergence
Ich möchte erwähnen, dass alles, was ich poste, nur Optionen und meine eigene Meinung sind!
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