BTC 4H - Bullish Higher Lows - Price Action Daily Trend Lines (Red)
Trading View won't let me show 3 minute chart to show "Lower Timeframe Sauce" Structure & Details :/ Here's the 15 minute view of a transition from bearish to bullish market flow. ___ Price Action & Market Flow Market Structure Candlestick Analysis Supply & Demand
Candlestick Analysis Price Action Market Structure Supply & Demand Daily Trend Lines Moving Averages (Bullish)
- Bitcoin just printed a Bullish Engulfing Candlestick combination on the Daily Timeframe. -> Buyers are in control. - Bullish MA's - Break above Descending Daily Trend Line Resistance - Significant Price Action Resistance up ahead
Altcoins decorrelating from Bitcoin: - DOGE - XRP - TRX - ZRX Current Bitcoin volatility is very low -> Trending Market soon. Stellar Lumen has bullish Price Action setting up
EOS broke above M30/H1 Trend Lines (Blue) Bullish Engulfing candle formed on H4 timeframe. Price is in bullish consolidation within H4 and Daily Wedge. Waiting for breakout.
Breaking through Daily Trend Line Resistance Price has broken resistance and retested as support
- Today's close will be significant
Break above Daily Descending Trend Line - Bullish Smaller market cap Altcoin -> Moon run coming soon
Price Action Market Structure Supply & Demand Trend Lines
Price Action Market Structure Supply & Demand Trend Lines Support & Resistance
Incredibly strong rejection of 94.50 Support (a previous Monthly candlestick Tested Support area). Buyers have shown momentum with strong buying and printed a Daily Bullish Engulfing candlestick
Potential Price Pattern (H&S) setting up if H4 Trend Line Support breaks. Price would be trapped in a range / zone of price if H4 Trend Line Support breaks. Daily candlestick wicks on the last 2 Daily candles are creating a SUPPLY Zone.
Break & Retest of Daily Resistance, Strong Price Action support on Daily timeframe, Bullish Engulfing setting up with today's Daily candle close.
Daily Bullish Engulfing setting up - today's close will be very significant!
Major Trend Line Resistance will be tested, MA's about to cross