Optimism Pessimism hints at an Accumulation Period . Force - Bullish Divergence with the price action, it can be invalidated at the day close if the price doesn't recover a bit. Technometer - Bullish Divergence with the price action and going oversold at 40.25 (38 or lower is considered to be clearly oversold). Momentum - Interest is slowly...
Momentum - it indicates declining interest . Technometer - it shows a 🐻 Bear signal , and it is heading downward. Optimism Pessimism - Bearish Divergence with the price action. Force Index - another Bearish Divergence with the price action. The overall Sentiment is too bullish , this indicates a drop in the price is near. The target is around the 8k level.
Massive Buy opportunity: Technometer Oversold and Bullish Divergence Optimism Pessmism - longer term Bullish divergence Force - longer term Bullish divergence It suggests the Manipulators have filled their buy orders, and a move higher is to be expected. 9600 would be a good Take Profit Level.
After a bullish divergence, both OP & Price are in harmony and are considered to have a harmonious action . It suggests the market will continue to move in that direction. Levels of interest: 9600 for Take Profit; below 7600 for Stop Loss. The Optimism Pessimism indicates the amount of effort going into moving the market up or down.
BTCUSD Analysis Harmonics: - An AB=CD pattern seemed to be forming, but the ratios were not respected. Elliot Wave: - There is an Elliot Wave ABC correction that may be followed by an impulse. Heikin Ashi: - Bullish Trend. Wyckoff Arsenal (The Wyckoff Method): - Force vs Price Bullish Divergence; - Technometer Clearly Oversold at 37.52; - followed...