BTCKRW trade ideas
Pullback complete, time to tackle $10kFalling wedge within pennant, and inverse h&s - showing the end of wave 2 and hopefully the start of wave 3.
Bullish divs on a few timeframes and selling is starting to dry up.
Distribution done, time for a move to 10k before we decide what to do from there.
Happy trading!
Bitcoin/S.K. Won shows target for both SKW and USDThe Bitcoin/Won price is a more clear rising wedge with busted breakout/throwback. IF Bitcoin/SKW reaches the price target, then we should expect a rapid return to $7700, depending on how much of a premium/discount the Kimchi price is. Right now the Kimchi is UNDER the USD.
Overbought and oversold states / Sobrecompra o SobreventaActivity of technical analysis positions in tradingview,
In the cryptocurrency market,
Activity 10. Identify, through the use of an oscillator, in a title, overbought and oversold states
Indicators / Oscillators:
Momentum: The periods of overbought are indicated in the blue box and Oversold periods are indicated in the pink box.
ROC / Rate of Change: The periods of overbought are indicated in the blue box and Oversold periods are indicated in the pink box.
Observations:
at the points indicated, the indicators are concurrent,
This indicates that extremely high or low values are evidence of a possible overbought or oversold
-------------------------------------------------------------------------------
Actividad de posiciones de análisis técnico en tradingview
En el mercado de criptomonedas,
Actividad 10. Identificar, mediante el uso de un oscilador, en un título, estados de sobrecompra y sobreventa
Indicadores / Osciladores:
Momentum: Los períodos de sobrecompra se indican en el cuadro azul y los períodos de sobreventa se indican en el cuadro rosado.
ROC / Tasa de cambio: los períodos de sobrecompra se indican en el cuadro azul y los períodos de sobreventa se indican en el cuadro rosado.
Observaciones:
En los puntos señalados, ambos indicadores son concurrentes,
Esto indica que los valores extremadamente altos o bajos son evidencia de unaposible sobrecompra o sobreventa segun sea el caso.
Alexis Contreras
Student / Estudiante Tecnologia_Financiera
Bitcoin BREAKOUT signal in Korean WonCheck out Bitcoin in Korean Won. It has already broken through those all time highs.
Unless this breakout fails and it crashes back through support, that is a very bullish sign for Bitcoin in USD.
Korea is always ahead of the USD market in Europe and the States, so this is certainly a strong tailwind that adds further momentum to our thesis that Bitcoin will break 5000 in USD soon.