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DFT

DFT - BTC: Bear or Correction? Observation: Nothings can tell me if the momentum has stopped its race for now: - No tendency change for major trends (rope). - Planty trends and/or clouds to support price drope tendency. - Volume is still green in daily on the resultant. - Waves pattern is acceptable for a round 2. => Clearly, it's a green light for the price to continue to build up in term of daily indicator (market sentiment it's an other story :p) => If the things finally turn south and you want to try a short, keep the red trend in mind. It's your last border reference before a bull/bear flippening after daily closure. This trend had been retested 3 times before the previous 2017 bull run. Gl
COINBASE:BTCUSDEducation
by Mr_Gesier
DFT - BTC is my "White Swan"I take a risk on this publication as nothings is closed yet :p! But it wouldn't be fun otherwise. Cross between short term and medium term buyers, both building up. -Test of the ascending trend MA(128): Hold ok (for now) -Pull back above the ascending trend MA(64): I expect a stick along this trend for now as the R/R is now affordable. -Both volume and price resultants for the current holding price trend are finishing to bottom (see cross section in middle indicator) -Volume Res. Clouds and Price Res. Clouds are good enough, don't see yet any risk of huge correction but more a nice squeeze "des familles". GL
CME:BTC1!Education
by Mr_Gesier