Bitcoin seems to be slowly waking back up. Stoch oversold. Price above the kumo. Strong rejection of the lower Bollinger band. RSI increasing nicely. For confirmation BTC needs to break the 16500 level which seems like the strongest resistance moving forward. For confirmation of a bullish move IO am looking for volume, a close above 16500, and I'd like to see the Tenkan cross the Kijun.
The chart I've drawn is a best case scenario for BTC and Alts. Who knows what will really happen though.
PM me for entries, targets, and custom charts. Also I am running a charting course. PM for details.
The chart I've drawn is a best case scenario for BTC and Alts. Who knows what will really happen though.
PM me for entries, targets, and custom charts. Also I am running a charting course. PM for details.
Note
So far this chart has been really damn accurate...Note
Awesome reversal at the bottom of the asc. triangleNote
I ain't worried until the the price closes below the bottom of the asc. triangleNote
Expanded the ascending triangle to hit the wicks instead of closes/opens. Still waiting on about 5 signals to confirm a bull move though
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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.