BTC Bullish 0.52 to 3.16% 12 6 2022
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BTC oversold was confirmed at around $16,955. Similar to the previous analysis, this confirmation was reinforced by BTC 3-minute and 5 minutes charts. The 4 candle confirmations above the white MA and yellow MA
on the 3 minutes charts and 2 candle confirmations above the white and yellow MA on the 5 minutes chart were also confirmed. Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 0.52%
T2: 1.14%
T3: 2.17%
T4: 3.16%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC oversold was confirmed at around $16,955. Similar to the previous analysis, this confirmation was reinforced by BTC 3-minute and 5 minutes charts. The 4 candle confirmations above the white MA and yellow MA
on the 3 minutes charts and 2 candle confirmations above the white and yellow MA on the 5 minutes chart were also confirmed. Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 0.52%
T2: 1.14%
T3: 2.17%
T4: 3.16%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
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.