Bitcoin has created a falling wedge pattern (Bullish Bias).
RSI has a Bullish Divergence
200EMA is below price and acting as support on the Day Chart.
15Min Chart Now
Watch out for STOPS-HUNTING BOTS!!!!
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
RSI has a Bullish Divergence
200EMA is below price and acting as support on the Day Chart.
15Min Chart Now
Watch out for STOPS-HUNTING BOTS!!!!
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
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Price Action with Bullish Divergence
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Could be re-testing, Could be replicating.
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Local Bullish Divergence May Be Forming With Re-Test Of Support Line
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Looking at the bigger picture and in all simplicity, this bullish divergence has to be fulfilled no matter what.
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The Calm Before The Storm.
Chart now has Conglomeration Of Bullish Signals.
Chart now has Conglomeration Of Bullish Signals.
