Buy Bitcoin. See new post.
1. Uptrend.
2. PB&J Golden Cross makes center of MAs buying sweetspot.
3. Old resistance becomes new support (green lines).
Price is within the buying sweetspot. Look at candle #4. Swing traders entered here, and lost on candle #5. The shakeout happened below the low of candle #4, below EMA 30 (yellow).
Reasons to buy:
1. TD 1-9 momentum kicked off a 13 bullish trend count.
2. Selling pressure has relieved over 7 days.
3. Price is at the perfect Sweetspot support, EMA 30.
4. Nison 'Swing Shakeout' pattern.
Expect the new daily to break $10,500.
1. Uptrend.
2. PB&J Golden Cross makes center of MAs buying sweetspot.
3. Old resistance becomes new support (green lines).
Price is within the buying sweetspot. Look at candle #4. Swing traders entered here, and lost on candle #5. The shakeout happened below the low of candle #4, below EMA 30 (yellow).
Reasons to buy:
1. TD 1-9 momentum kicked off a 13 bullish trend count.
2. Selling pressure has relieved over 7 days.
3. Price is at the perfect Sweetspot support, EMA 30.
4. Nison 'Swing Shakeout' pattern.
Expect the new daily to break $10,500.
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Weekly: No bearish reversal candlestick signals. Spinning Tops are a sign of a trend "losing momentum". We are certainly, I believe nearing the end of the momentum and trend, but not yet. Weekly $10,831.95 is the perfect target in my opinion.
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1H - Strength:
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6H - Obvious huge bullish move coming:
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10,500 50%
10,800 30%
11,200 20%
10,800 30%
11,200 20%
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Set an alert for 6H price crossing Ichimoku Lead 2. Price is under the cloud and we are at high risk of price falling 10%.
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6H Zoom In:
Trade fechado manualmente:
Weak market.
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Perhaps $8,600 target. Nison MA 3/12.