BitcoinTelah dikemas kini BTCUSD - flip a coin
What I see:
- rising wedge inside a falling wedge (bearish)
- double top
- bearish divergence and overbought on 4h, almost overbought on 1D
- most bearish walls have fallen already (not much BTC sell bids in the books anymore), a lot of buy bids bellow
- no noteworthy retracement from a >40% gain (this adds weight to the rising wedge inside a falling wedge scenario)
- shorts and longs stagnating yet price going up - this means real USD is going in, buying real, unleveraged BTC (hedge funds, new exchange opening?)
Either way this goes, I still believe that the market hasn't corrected enough and will therefore not be buying BTC at these prices.
- rising wedge inside a falling wedge (bearish)
- double top
- bearish divergence and overbought on 4h, almost overbought on 1D
- most bearish walls have fallen already (not much BTC sell bids in the books anymore), a lot of buy bids bellow
- no noteworthy retracement from a >40% gain (this adds weight to the rising wedge inside a falling wedge scenario)
- shorts and longs stagnating yet price going up - this means real USD is going in, buying real, unleveraged BTC (hedge funds, new exchange opening?)
Either way this goes, I still believe that the market hasn't corrected enough and will therefore not be buying BTC at these prices.
Nota
If you think crypto in general isn't overvalued, take look at DOGEBTC and convince me otherwise.Nota
This is still very indecisive IMO. I'm 60/40 that we go down though.To break this downtrend, we should break this pink line and 10k resistance in 1 run, which would need a lot of volume. After that comes the previous local ATH - 11.5k-ish. I'm 80% we will not break that in 2018.
Nota
We've formed a triangle. The future weeks of BTC should be decided in the next 2 days (this is the time-limit for the triangle). If bulls do not break this up, the bearish 1D MACD cross will make this go down.tradingview.com/chart/g5A246Jl/
Nota
Sorry, this is the correct chart/link:Nota
This is a breakout. However, I won't be buying into this (especially since we're so close to the 10k resistance) and will definitely wait for a retrace (oversold on 1h/4h/daily).Nota
Nice bulltrap!Nota
Been following the blue-line fractal quite nicely.
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Penerbitan berkaitan
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.