joserz
Short

Volume. Bollies. Fibs. EMA's.

BITFINEX:BTCUSD   Bitcoin / Dollar
BTCUSD            

Fibonacci
Fib retracement from the previous low shows it took BTC             18 hours to break the 0.5 level.
It took another 14 hours to break the 0.78 level.
About 21 hours above the 0.78
It's now spent 49 hours above the 0.5.

Can it keep it going above the 0.78? The 0.5?
If so, our lowest could be 8400.

I stand neutral.

Bollinger bands
As of 1AM PST, four 1H candles have pierced the upper bollinger band .
The more candles pierce, the harder it can drop.

I stand bearish .

EMA's
The longest EMA , the 60 EMA , is slowly turning upwards again, after a long day sideways.
To keep this upwards momentum going, a bigger gap from the short (neon) and the long (dark) EMA's should be established.

I stand neutral.

Volume
I love volume . But sadly, in the last 9 hours there has been a big steady drop in volume , with a rise in price. You know what happens if this divergene continues.

I stand bearish .

With 2 bearish and 2 neutral sentiments, I conclude that this artificial rise in price may come to an end sooner rather than later.

Target price is the the light green bar at 9000 if fake prices continue.
Target price is the red dot at 8600 and 8700, or anywhere in the fib channel.

Red dot.







Kommentar: Lmao surprise surprise, it went exactly the opposite way of the bearish target.
Hit the bull target of 9000+

Starting to make me feel this ain't a bull trap, maybe the MM's wanted that.
Kommentar: Bollinger bands pierced hard again. Only thing that can lift this up is more volume. After a sell-off (?)

Red dots are targets.
1)9000
2)8950
3)8870

No bullish targets. Maybe 9400.
are the bearish momentum is finish?
Antworten
joserz Slick_Rick27
@Slick_Rick27, volume isn't convincing, but the price says otherwise, so we'll see
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden