Hello everyone, I'm going to be looking at BITFINEX:BTCUSD today, and on my charts the 200 Day is purple, the 50 Day yellow, and the 21 Day blue. It looks the BTC markets may have finally heard all the good news we've been seeing recently. Today was our do-or-die day, and it looks like we are doing just fine. Yesterday (8/6) we toed the edge of the blue...
I don't have much time to write at the moment, but I would like to post this. It looks like BINANCE:KMDBTC could potentially be forming a pitchfork trend here. We have a potential top, middle, and bottom, and have had a nice uptrend the past few days. In addition, we've had two wicks break above the 21 Day (blue) on 7/25 & 8/3, potentially signaling a switch in...
I'm liking how this chart is looking for COINBASE:BTCUSD . Before we get into it, the 50 Day, the most important for today, is yellow, the 200 purple, and the 21 blue. Yesterday (8/1) we were watching to see if BTC would hold above the green zone of the pitchfork and confirm this potential new trend, and thus far that is exactly what we are doing. The wicks...
It seems that COINBASE:BTCUSD looks to be forming a trend with Andrew's Pitchfork. We held the bottom of the blue zone nicely 7/13 & 7/14, and corrected down as expected on 7/24. Now, we're looking to see if we can find a couple key levels of support at the bottom of the green fork today, or at the 200 day SMA. If we can hold within the green of the...