BTC How low can you go during the weekend? Reversal?
165
1. If we continue at this rate we will get a sequential 9 on Sunday. That is only if we continue to close Friday, Saturday, and Sunday lower than the close 4 days prior to the specific date. Since we are most likely going to see the Death Cross (50 D MA crosses over the 200 D MA) this weekend, the probability of getting a sequential 9 on Sunday is reasonable.
2. If the low of Candle 8 is lower than or equal to the low of candle 6 & 7 then we have the makings of a Perfect Buy signal
3. If Candle 9's low is lower than or equal to the low of both candle 6 & 7 then we officially have a Perfect Buy signal
4. Once the sequential 9 is reached we should have a 3-4 candle reversal or consolidation. Keep in mind these events can happen even if we don't get a Perfect buy signal. If we get a perfect buy signal the chances of a 3-4 candle reversal is higher.
Keep an eye on the activity during the weekend, it will be worth it.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.