BitcoinSingkat
Right Shoulder.....4hr
Looks like we have a possible H&S Pattern playing out.
Bull Scenario
- RSI is still doing good after the hidden bull div earlier.
- MACD has completed the Bull crossover, still waiting for the daily to cross.
- If the bulls can clear the $6850 zone and hold, then it's likely we can see a retest of 7k.
Bear Scenario
- Bulls fail to break through the zone previously mentioned.
- We retest 6k again and this time I don't think it'll hold since it's been such a short period of time.
What I'm doing
- Scaling into a short position from $6650 - $6900. The orders are bigger as the $$$ increases.
Upcoming News
- ProShares ETF deadline is Aug 23rd. (Futures Based)
- CBOE ETF news Sept 30th.
Bull Scenario
- RSI is still doing good after the hidden bull div earlier.
- MACD has completed the Bull crossover, still waiting for the daily to cross.
- If the bulls can clear the $6850 zone and hold, then it's likely we can see a retest of 7k.
Bear Scenario
- Bulls fail to break through the zone previously mentioned.
- We retest 6k again and this time I don't think it'll hold since it's been such a short period of time.
What I'm doing
- Scaling into a short position from $6650 - $6900. The orders are bigger as the $$$ increases.
Upcoming News
- ProShares ETF deadline is Aug 23rd. (Futures Based)
- CBOE ETF news Sept 30th.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.