BTC (Y19.P2.E18).v2.Bear.Pennant.Formation
Cập nhật
Continuing off from the previous post:
Observations:
- Still in the downtrend channel both in macro and micro level
- Volume weak
- H&S formation within the pennant - drop equals height of head or height of pennant.
- Confluence with some trend lines.
- Possible bounce off 7200 (have 7385 as min. target) last bounce before we are headed down (we usually see 3 impulses before breakdown further.
- Stochastic can indicate bounce with slight bullish Hidden divergence
Hidden Bullish div.
Key area to watch
Notice a pattern, on trend line impulses?
Previous post
Observations:
- Still in the downtrend channel both in macro and micro level
- Volume weak
- H&S formation within the pennant - drop equals height of head or height of pennant.
- Confluence with some trend lines.
- Possible bounce off 7200 (have 7385 as min. target) last bounce before we are headed down (we usually see 3 impulses before breakdown further.
- Stochastic can indicate bounce with slight bullish Hidden divergence
Hidden Bullish div.
Key area to watch
Notice a pattern, on trend line impulses?
Previous post
Ghi chú
Ghi chú
Ghi chú
Fractural > If this holds (looking at the RSI), it might be a significant sign of the bottomGhi chú
Micro level...very predicable? 3 impulse wavesGhi chú
Ghi chú
Still bearish signs on the one day >I have the MA on the Stochastics still pointing down.
I have the MA on the RSI over the current level.
My green bar on the chart is my area of interest at this point.
1st target of interest >6500 or 6800 range for a bounce (or bottom)
Đóng lệnh: đạt mục tiêu
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.