BTCilyKandinsky

BTC Bearish Divergence or Upwards Consolidation?

Panjang
BTCilyKandinsky Telah dikemas kini   
COINBASE:LTCUSD   Litecoin
Fractal analysis.
Komen:

Not a good look here. Think 3-day RSI tests 50-40 area.
Komen:

Fake out. Upwards consolidation still in play!
Komen:

If we're consolidating upwards. I'm targeting 92k.
Komen:

If we break down this is what I'm seeing.
Komen:

Nice bounce off kumo twist @56k. I don't want to see a close below otherwise upwards consolidation play is done for.
Komen:

Fractal comparison update. Redrew the squiggly to fit the time frame a bit better.
Komen:
uPwArDs CoNsOlIdAtIoN
Komen:
3 Day bearish divergence on RSI negated. Conservative 1st target zone 68-74k. Blow off top 92k-120k.
Komen:

RSI currently sitting on 44. 2016/2017 bull run respected this level. Would Ideally like to see this hold, but price action seems to want to see lower.
Komen:

Ded.

BTCily Wassilyevich Kandinsky (16 December [O.S. 4 December] 1866 – 13 December 1944) was a Russian painter and (ch)art theorist.
Kandinsky is generally credited as the pioneer of abstract (ch)art.
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.