go8686

Bitcoin Is Ready to Challenge the Resistance

Giá lên
go8686 Cập nhật   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin may complete the correction soon and be ready to challenge the resistance: 8450 - 8550
I will buy the breakout of the falling trendline. Let us go to challenge 8500.

Symbol: BTCUSD
Timeframes: 15M - 12H

Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short term ribbons: Blue * 2 in 15M and 22M; If Blue becomes Purple, the support is broken.
Medium term ribbons: Light Green, Green
Long term ribbons: Still Red - We are in a Big Bear Trend -- Don't forget that, If the resistance is still tough, don't hesitate to close the position.

T1 8500
T2 8600
Stop 8280

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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Bình luận:
Thade Not active:
The descending triangle is broken downward to test lower support.
Blue in 15m turns purple, indicates the broken of the support.
Bình luận:
If it breaks the falling trend line and stay above it, the set up still valid.
Bình luận:
Trade Active, The trendline is broken, First Ribbon turns Green.
Bình luận:
Entry: 8250
Stop: 8170
T1:8500
T2:8600
Giao dịch được đóng thủ công:
Position Close Breakeven at 8300
The Retest was weak, a LH was formed.
Bitcoin could look for support on lower level than 8200.

Message the author for a trial of the indicators.
A Trading Indicator Artisan and JAVA Programmer, dedicated to enhancing traders' productivity.
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