Looking at BTC on the daily chart
* Working of the range between 3122 and 5627 swing low to swing high we find our buy zone
* Buy zone corresponds with the POC and our buy zone
* Potential heads and shoulders pattern in play
* Volume dropping off (Who will drive the bus?)
* OBV still looking good
* Histogram making a lower low
* Willy coming out of being stupid and being embedded. Fail to keep that -50 line and we are done.
* On the CME futures chart there is a nice gap that needs filling at 5430 which could potentially finish off this right shoulder.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
* Working of the range between 3122 and 5627 swing low to swing high we find our buy zone
* Buy zone corresponds with the POC and our buy zone
* Potential heads and shoulders pattern in play
* Volume dropping off (Who will drive the bus?)
* OBV still looking good
* Histogram making a lower low
* Willy coming out of being stupid and being embedded. Fail to keep that -50 line and we are done.
* On the CME futures chart there is a nice gap that needs filling at 5430 which could potentially finish off this right shoulder.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
Komentarz:
