The daily MACD remains bullish , RSI is bullish. However the TD counters are at 7 . A 9 means a Possible 1 to 4 daily candle count down or reversal/
A new daily candle has been started currently and shows a countdown of 1 . But this is a daily candle with 18 hours to go so it can flip during this time.
Going by the daily MACD- I do think BTC will continue upwards after this correction. There is a reversal candle to the downside on the daily 7 candle but the latest daily candle can close past this in 18 hours.
To get a better sense of what happening I'll be watching the 12 hour as if the MACD crosses on this bad boy BTC is going down.
- As long as the daily MACD remains bullish BTC can continue upwards.
For this weekend id need to see how Thursday shapes up to get an idea of BTCs direction,
A new daily candle has been started currently and shows a countdown of 1 . But this is a daily candle with 18 hours to go so it can flip during this time.
Going by the daily MACD- I do think BTC will continue upwards after this correction. There is a reversal candle to the downside on the daily 7 candle but the latest daily candle can close past this in 18 hours.
To get a better sense of what happening I'll be watching the 12 hour as if the MACD crosses on this bad boy BTC is going down.
- As long as the daily MACD remains bullish BTC can continue upwards.
For this weekend id need to see how Thursday shapes up to get an idea of BTCs direction,
Bình luận:
it can get challenging if BTC slips out of the channel( between the green lines)
Bình luận:
Another way of looking at it Inverse head and shoulders upwards
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