========================================== BTC/USD CoinBase, WEEKLY Chart. EMA 21 = Orange Green = SMA 50 Yellow = SMA 100 Green Rectangle = Best case scenario trading range. Purple = Great value for DCA. ========================================== BTC appears to have broke it's immediate uptrend and broken below the Weekly EMA 21. There is little chance the...
I would wait for a clear break above the last high to go long or Would wait for the break of the last low to go short
Just like GBPJPY we will await for a clear breakout of the triangle. The reason i put the short where i did was because the other two candle was caused by fundamental news but for the most part the triangle resistance has been respected. I am shorting it if it goes below the last lower low. If it does not make it past that i will wait for it to either go long or...