BTC first bigger retracement on the way?

27 thg 11, 2018

RSI momentum decreasing on the 1D TF (+divergence)


RSI momentum leveling out on the 1W TF and seems to starting a turn upwards


Possibly setting up for a first bigger retracement, but still room for further down movement I think, if you compare to the "januari sell-off"!!


just my 2 cents ;-)
JD.

#nottradingadvice #DYOR

28 thg 11, 2018

Ghi chú

Setting up for a bounce back at the green or red trendline?

28 thg 11, 2018

Ghi chú

I guess it bounced off the red line,... quite exactly actually! ;-)

29 thg 11, 2018

Ghi chú

Let's see if the histogram bounces off this trendline or breaks it.
With a break a further down move is to be expected.

30 thg 11, 2018

Ghi chú

Bounce or break coming closer!

1 thg 12, 2018

Ghi chú

If the histogram bounces back down from the green trendline, I expect a retracement back to the wedge that I think is forming.

5 thg 12, 2018

Ghi chú

...and it bounced back to retest the lower resistance level! ;-)