weekly indicators show similarity with 2011 bottom.
* 20 MA - 40 MA -50 MA projected lines suggests A GOLDEN CROSS between November and end December period
* Weekly Macd cross indicates a trend reversal as it happend only in 2011 and in the 2015 bottom period.
*Note that 40 MA weekly coincided with 200 MA daily in 2011 bounce and acted as strong selling level
*Today the 200 MA is just between the the 40 MA - 50 MA weekly ..signalings a strong selling zone at 8600$-9200$ levels
* after retracing from the above mentioned levels and based on the moving averages an accumlation period between 7500$ -9000$ would be in play till the GOLDEN CROSS ..this accumulation level is also where daily moving averages align horizontally
* PLEASE NOTE THAT THIS IS NOT A TRADING ADVICE AND ONLY AN IDEA FOR EDUCATIONAL PURPOSE*
* 20 MA - 40 MA -50 MA projected lines suggests A GOLDEN CROSS between November and end December period
* Weekly Macd cross indicates a trend reversal as it happend only in 2011 and in the 2015 bottom period.
*Note that 40 MA weekly coincided with 200 MA daily in 2011 bounce and acted as strong selling level
*Today the 200 MA is just between the the 40 MA - 50 MA weekly ..signalings a strong selling zone at 8600$-9200$ levels
* after retracing from the above mentioned levels and based on the moving averages an accumlation period between 7500$ -9000$ would be in play till the GOLDEN CROSS ..this accumulation level is also where daily moving averages align horizontally
* PLEASE NOTE THAT THIS IS NOT A TRADING ADVICE AND ONLY AN IDEA FOR EDUCATIONAL PURPOSE*
Komentarz:
Komentarz:
Komentarz:
2013 bottom --->bounce --> accumulate -->moon ! fractal
Komentarz:
vs 2015
Komentarz:
vs 2011 weekly
Komentarz:
Broken Triangle target 50 DMA !
Komentarz:
Waiting for London !
Komentarz:
incoming retest !
Komentarz:
Komentarz:
6900$ reached ! next please
Komentarz:
challenging 200 MA and the trendline from january
Komentarz:
Next ? challenging the neckline and the 50MA on weekly
Komentarz:
Bitfinex Shorts on the rise ! euphoric bearishness..check the Bitmex search in google trends to see the correllation between the shorts positions
Komentarz:
