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BTC Daily Thoughts 15/10/2018

By BitcoinMF
XBTUSD
BTCUSD

BTC Daily THoughts

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1w. new week. new horizons. start of the week with the pump to 6800. this move was reletive big and we get double edged heikin ashi candle on the weekly indicating trend is reversing.

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3d. another look at the pump move. still didnt get a LONG signal yet. tho shorts are @ pressure.

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1D. we see the pump and the immediate retrace to strategy EMA.
lets try to follow what happens with us today at this crazy moves.....

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12h. hopium FULL ON
:eyes: on macd seems like it wants to cross to positive hist.
RSI popped up hard followed by the stoch RSI.
1h30min to TF close.

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6h. long signal BUT :eyes: on stoch RSI is it is at top almost and if we want UP move to be solid we need to let it cool off at least a bit.
of course on smaller TF a move up is still possible cause till effect gets to this TF it will take some time and PA.

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3h. price seems to fixing it self above strategy EMA, which is bull at least on this TF.
But pay extra attention to RSI.
also if we want move up we have to get more BUY volume without it price wont sustain.

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1h. :dancer: of seeking support

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30min. found support?
:eyes: on RSI

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15min. Short Signal. will PA go below strategy EMA?

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5min scalp for the brave.

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:dancer:

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