BTC - Fib channels, lineups and momentum analysis
Our long term momentum is moving back up and our mid term momentum is looking strong. Short term momentum is increasingly bullish.
Short term RSI is moving up with what could be technically considered a bearish divergence, but with no real confirmation yet and a lot of opposing bullish signs.
Ultimate Oscillator mid-term is seemingly capped today while short term UO moves up.
Volume Flow Index is starting to bend downwards again but looks like it may bounce back up shortly.
Fib retracement points are lined up for potential targets.
Fib channels are placed and we are still moving up it despite moving up and down some levels sporadically.
Short term RSI is moving up with what could be technically considered a bearish divergence, but with no real confirmation yet and a lot of opposing bullish signs.
Ultimate Oscillator mid-term is seemingly capped today while short term UO moves up.
Volume Flow Index is starting to bend downwards again but looks like it may bounce back up shortly.
Fib retracement points are lined up for potential targets.
Fib channels are placed and we are still moving up it despite moving up and down some levels sporadically.
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Just the Channels
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Channel 2
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Channel 1
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Just the Retracements
take the brown acid