Delta7
Hello World! Let's talk about Bitcoin MonthlyHello World!
This is my first TV video and I talk about Bitcoin Monthly chart.
Cover significance of Monthly Opens levels and how UP candles closing above last down candle open have great odds of signaling return to a bull rally.
After the video realize I didn't place notations in all candles as I wanted. But hey... check chart bellow.
NANO - NANOBTC W - Trade IdeaHere's Nano trade idea with potential targets. Last two are low probability. But those levels are important to pay attention to.
Great RR from here. Risk 1-3% on stop
SKYCOIN - SKYBTC W - Trade IdeaSKY volume is looking interesting. Super beaten shitcoin and no significant price advance yet. RR here look insane.
Stop is decently far so risking 2-3% is probably nice play.
Verge XVG Trade IdeaWeekly chart throwing strong uptrend evidence with price action and volume backing
Bitcoin in healthy uptrend hiting at key resistance levelWeekly and Monthly starting to lineup with bullish Daily.
Monthly need to close above 7555 (December Open) for high probability uptrend over next weeks.
As of now daily trend looking pretty good but price is not at key resistance level defined by the 50% level from the swing high.
Next major resistance is very close at the November open. price siting at this level and closing above it could possibly result into test of the local high.
Don't forget everything is probability.