I've been keep analyzing BTC daily because I need to know what cycle we are on, so I can trade an altcoin for safe. Two days ago, I found a falling wedge and downtrend channel with a complete Elliott wave 12345. That was a beautiful setup for long! I updated my BTC analysis, it's forming the uptrend channel and the rising wedge, about to complete a fourth...
TSLA is about to break out possibly! Bollinger Band is squeezing, that mean a big move is coming.
BTC bounced with a strong buy volume at the big buy support region. With bad news like China crackdown, will this continue downtrend? Time will tell.
Day/Swing trading only Price Action is always the best and works well for a quick trade. Any indicators are just noise but gain confidence like divergences and bullish/bearish signals imo. I always look and draw a channel and pattern, and add Elliott wave 12345 and ABC. Also I look for a spike in volume during the breakout of a consolidation/pattern before I...