BTC Potential HS in Play

29 Nov 2018

We are in a health consolidation mode as anything that goes up quick with volume will have a timely consolidation pullback.
I don't claim to be an expert but I like to share my ideas that make sense.

Observation:

• Bullish trend (short term)
  1 hrly Candle sticks are above EMA 50 and 100 range, plus cross over over, indicating BULLISH
  
  
• RSI in 4 hrly overbought conditions
  
  
• Double bottom completed for a reversal
  
  
• Volumes are appearing to return and at this moment, dropping off due to the consolidation
  

Conclusion:
Wait for the pullback to 4000-4100 range to jump in.
If candle sticks, RSI, MACD, etc indicate oversold, jump in otherwise wait for the next level of pullback to 3800-3900 before jumping in

29 Nov 2018

Dagangan aktif

29 Nov 2018

Dagangan aktif

Bullish Pennant forming in the 3 m chart after hitting 4130 bottom(5)

29 Nov 2018

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The action moving up might not have stopped yet,

29 Nov 2018

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30 Nov 2018

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i am still bullish

30 Nov 2018

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it looks like the pullback would be the 3900 range (probably over the weekend) to be complete that cycle.

30 Nov 2018

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If we were playing odds favorite, my guess (as no-one knows)

1 Dis 2018

Dagangan aktif

Is this the pattern before it goes towards 3000s

3 Dis 2018

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Point 5 almost reached and now on the bottom of the triangle, Note: inverse H&S also broken,

4 Dis 2018

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4 hrly volume has dropped off, I would expect another drop. Next stage 3700s

7 Dis 2018

Dagangan ditutup: hentian tercapai

3280 is the middle of the next bottom stage or round about