On the Daily BTC fired long on the Godmode indicator over 24 hours ago; RSI bounced lower than on 3/31 at 6450; MACD Histogram rising, MACD curling up toward a cross; Resting upon and within a confluence of major fib levels...
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If you think its still just going to 9100...this is what that will look like...
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Hidden Bullish Divergence on the Daily
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You know what happens when these touch...
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MACD Cross on the Daily chart...
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7971 Max for Potential Wave 5...
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Previous count with potential impulse voided... Looking for double bottom at 7052...ever decreasing volume; currently bouncing off trend line from 5811 to 6450...
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4 Hour RSI shows move down looking like wave 3.
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BTC bouncing of trend line support (6522-7058) for Wave 4; 4 Hour RSI nearing previous bottoming lows...
The trend line was broken with BTC falling below 6450...Count to be updated...
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A bull wick would have been ideal in breaching the trend line but the current daily candle is only showing indecision with a loss in selling pressure but a doji or green hammer on the close will be the sign of possible reversal in play.
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Daily RSI below the low of 2/4/18...officially no mans land now...
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.