Bitcoin

$BTC Weekly Analysis #Sequential

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Hey There,

Finally back with an improved version of my Sequential Indicator!
Hope it will help you to have more confidence in your trading decision by using it.
For more details you can check my profile.

So we topped last week with a Combo 13 Sell signal. (Note that the last C13 was on the 2017 Rally TOP).
Combo 13 Sell signal coincide perfectly with the rejection of the 0.618/0.65 Fib Resistance Golden Zone.
It can be a trend reversal at this point but for now I favor the scenario of a consolidation pattern below that level, before a bullish breakout.

Sequential Indicator is still in favor of bulls with a Sequential bar 9/13.
Monthly Sequential is also in a bullish trend (bar 5/13)

Have a nice Weekend!

MATHR3E

Penafian

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