Crypto Charters TA
Strong support starts now, lasts to the low 5000s and high 4000s. XBTUSD 4H BitMEX
A more granular & ample view of the volume profile. We’re “sitting” right at the most traded price range ever, next being 4.2~4.3k (you should really start to worry if that one breaks).
XBTUSD 4H MEX
XBTUSD 4H MEX
Crypto Charters TA
Hitting 50% fib/bottom of the cloud/Kinjun-Sen line - strong resistance. Expecting retest of 6420 (61.8% fib). XBTUSD 4H BitMEX
For some reason my fib tool was marked as “reverse”. Here’s the correct one, zoomed in. Doesn’t change the 50%, of course. Kinjun-Sen line is hidden behind 50%.
XBTUSD 4H BitMEX
XBTUSD 4H BitMEX
Crypto Charters TA
Hitting 50% fib/bottom of the cloud/Kinjun-Sen line - strong resistance. Expecting retest of 6420 (61.8% fib). XBTUSD 4H BitMEX
Broken
Edit: not really, still expecting 6420 retest
Edit: not really, still expecting 6420 retest
Crypto Charters TA
Hitting 50% fib/bottom of the cloud/Kinjun-Sen line - strong resistance. Expecting retest of 6420 (61.8% fib). XBTUSD 4H BitMEX
Just for the record: it happened.
Consolidating on 6.4~6.7k now.
XBTUSD 30M BitMEX
Consolidating on 6.4~6.7k now.
XBTUSD 30M BitMEX
Crypto Charters TA
Seeing these extra expanded Bollinger Bands and price near its top makes me think we’ll probably need another small leg down to recompress and, only then, expand again up to 7k. XBTUSD 4H BitMEX
Decreasing volume on this leg up seem to corroborate it. StochRSI shall guide you.
XBTUSD 4H BitMEX
XBTUSD 4H BitMEX