LitecoinLong
BTC Bearish Divergence or Upwards Consolidation?
Zaktualizowano
Fractal analysis.
Uwaga
Not a good look here. Think 3-day RSI tests 50-40 area.
Uwaga
Fake out. Upwards consolidation still in play!
Uwaga
If we're consolidating upwards. I'm targeting 92k.
Uwaga
If we break down this is what I'm seeing.
Uwaga
Nice bounce off kumo twist @56k. I don't want to see a close below otherwise upwards consolidation play is done for.
Uwaga
Fractal comparison update. Redrew the squiggly to fit the time frame a bit better.
Uwaga
uPwArDs CoNsOlIdAtIoN
Uwaga
3 Day bearish divergence on RSI negated. Conservative 1st target zone 68-74k. Blow off top 92k-120k.Uwaga
RSI currently sitting on 44. 2016/2017 bull run respected this level. Would Ideally like to see this hold, but price action seems to want to see lower.
Uwaga
Ded.
BTCily Wassilyevich Kandinsky (16 December [O.S. 4 December] 1866 – 13 December 1944) was a Russian painter and (ch)art theorist.
Kandinsky is generally credited as the pioneer of abstract (ch)art.
Kandinsky is generally credited as the pioneer of abstract (ch)art.
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