So far very similar action like July and September, notice MACD 0-line matching up with the zone breakouts, this is a very simple and effective trend following indicator. "Technically" this is no trend till we clearly break the upper band of the range, because of the volatility expansion on the dump there usually follows a few waves of aftershock after which the market flattens. You can see this clearly in the two previous consolidation periods.
https://www.tradingview.com/x/xzDmC4Fa/
https://www.tradingview.com/x/xzDmC4Fa/
Crypto Charters TA
So far very similar action like July and September, notice MACD 0-line matching up with the zone breakouts, this is a very simple and effective trend following indicator. "Technically" this is no trend till we clearly break the upper band of the range, because…
Resistance block rejected, price retraced black to support zone and held, now we recovered. Confirmed breakout sits above $13.6k, price might stay in this range for a while, there's still opportunity in altcoins https://www.tradingview.com/x/HSkxPjgd/
To be clear: I'm not long yet. I'll wait for, at least, a successful retest of the trendline from above.
https://twitter.com/opchecksig/status/957282231168286725
https://twitter.com/opchecksig/status/957282231168286725
Twitter
Zavan ₿⚡️
First target 13.2k, the flat top of the cloud, if it's able to penetrate the cloud. We'll see. $XBTUSD 4H BitMEX $BTCUSD $crypto #BItcoin