BTC Diamond Formation
Diupdate
Most everything is in the chart for now and anyone knows if BTC will push down 1 more time before a big rally or go up straight.
we can see that we could form a Diamond Figure (Pink) to 0.618fibo
i don't show indicators but i can say :
Monthly chart show clearly that we are still going down.
Weekly chart have indecision on indicators.
Daily chart have inverted indicators.
we have 3 clear resistances formed by EMAS to breakout :
EMA 50 ---- 7200
EMA 100 ---- 7600
EMA 200 ---- 8000
possibilities after breakout :
1. we could fly to 9000 (DIamond Finished + 0.618 FIBO )
2. we could fly to 8400
possibilities with Rejection :
3. we could retrace one more time to 3700 before a new push. ( Traditional Support )
My advice for now is to wait as spectator and wait for a dip or a breakout.
Happy Tr4Ding & Stay Safe !
we can see that we could form a Diamond Figure (Pink) to 0.618fibo
i don't show indicators but i can say :
Monthly chart show clearly that we are still going down.
Weekly chart have indecision on indicators.
Daily chart have inverted indicators.
we have 3 clear resistances formed by EMAS to breakout :
EMA 50 ---- 7200
EMA 100 ---- 7600
EMA 200 ---- 8000
possibilities after breakout :
1. we could fly to 9000 (DIamond Finished + 0.618 FIBO )
2. we could fly to 8400
possibilities with Rejection :
3. we could retrace one more time to 3700 before a new push. ( Traditional Support )
My advice for now is to wait as spectator and wait for a dip or a breakout.
Happy Tr4Ding & Stay Safe !
Komentar
7200 passed7600 in the crosshairs..
Komentar
Breaking EMA100Komentar
8000 is next Target.Komentar
EMA200 broken but be carefull around 8400ish.Komentar
8400Trading ditutup: target tercapai
Komentar
See u lower guys for next trade!Trading ditutup: target tercapai
Diamonds are forever.
Pernyataan Penyangkalan
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.