Hi All,
The above weekly chart gives some key items to watch for. These are:
a) the weekly 50 ema;
b) the top trend line as part of a broadening wedge;
c) the horizontal support and resistance levels;
I'm using 2 indicators to also assist with early detection as to which of these it could be;
I have the phoeix and the stoch RSI on the weekly.
a) The phoeix RSI to cross over, and or the grey energy to go above 50% along with the green RSI
b) otherwise or in conjunction the stoch RSI to also cross over
The weekly indicators would likely be confirmation so we need to look at earlier time period, say 3 day chart, with similar expectations.
This will then give me confidence to go long with BTC as well.
I would also look at BTC dominance and USD dollar index for additional confirmation about going long.
May you have all the best trading ahead.
Cheers,
S.SAri
Retracement levels:
The above weekly chart gives some key items to watch for. These are:
a) the weekly 50 ema;
b) the top trend line as part of a broadening wedge;
c) the horizontal support and resistance levels;
I'm using 2 indicators to also assist with early detection as to which of these it could be;
I have the phoeix and the stoch RSI on the weekly.
a) The phoeix RSI to cross over, and or the grey energy to go above 50% along with the green RSI
b) otherwise or in conjunction the stoch RSI to also cross over
The weekly indicators would likely be confirmation so we need to look at earlier time period, say 3 day chart, with similar expectations.
This will then give me confidence to go long with BTC as well.
I would also look at BTC dominance and USD dollar index for additional confirmation about going long.
May you have all the best trading ahead.
Cheers,
S.SAri
Retracement levels:
Dagangan aktif
Needing another 1.4 days with the closing of the 3 day candle, which will tell us if it breaks this resistance and play out the moderate scenario 1 correction.Nota
Nota
Another way of looking at itDagangan aktif
as per script. Question is which resistance will play out?Nota
So far the price is acting like a breakout from a wedge.Nota
Nota
Nota
inverse Head and Shoulders
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.