Today i take a look with BTC week chart and this TA for who work on exchange not margin.
- We have hidden RSI bearish divergence from 21/10/2019 to now, it mean, if price of BTC in next few weeks can not up above 10k5, it will drop to at least 8k.
- We have bullish triangle pattern with corrected points at A B and C now we wait D point at level 10k8-11k2 and point E at level 7k-7k3
In my point of view, 2020 and 2021 is the year of cryptocurrency if they not back to the dust.
So my advice is:
1: if it break point D it will up atleast 2/3 height of triangle (13000usd) is 8k-10k usd from break level 10k8 and we will meet level 14k and higher is 24kusd this year.
2: If it break point E at 7000-7200 level, we should wait and buy at lower range is 6k and 5k.
Technichcal analysis is a gambling with assistance and support zone. So we just try our luck.
Good luck everybody.
- We have hidden RSI bearish divergence from 21/10/2019 to now, it mean, if price of BTC in next few weeks can not up above 10k5, it will drop to at least 8k.
- We have bullish triangle pattern with corrected points at A B and C now we wait D point at level 10k8-11k2 and point E at level 7k-7k3
In my point of view, 2020 and 2021 is the year of cryptocurrency if they not back to the dust.
So my advice is:
1: if it break point D it will up atleast 2/3 height of triangle (13000usd) is 8k-10k usd from break level 10k8 and we will meet level 14k and higher is 24kusd this year.
2: If it break point E at 7000-7200 level, we should wait and buy at lower range is 6k and 5k.
Technichcal analysis is a gambling with assistance and support zone. So we just try our luck.
Good luck everybody.
Dagangan aktif
Good, it go above 10500 and need retrace to 10k-10k1.Dagangan aktif
Retrace to 9100-9400.Dagangan aktif
Retrace zone 8400-8600 done!Dagangan aktif
Buy Zone active.Nota
We see, this is RSI bearish devergence when BTC can not up above 10k5 as i predict 2 months ago.> Price drop atleast 8k.
Break 7k6 > drop buy zone 5100-5500.
Extend buy zone to 4k8.
Dagangan ditutup: sasaran tercapai
Nota
Update:<deleted>
Dagangan aktif
Tested 7600 1st failPenafian
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.