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
Crypto Charters TA
Volume profile shows quite strong support at 7450~7k (yellow band), some support at 6650~6.3k (orange band), and strong support bellow that (especially at 5850~5.6k, red band). XBTUSD 4H BitMEX
Touching yellow band.
7.2k is the strongest support inside it.
Stoch crossing down and OBV crossing 9 period MA for the 1st time on this leg up.
50% fib = ~7k and 61.8% = ~6.7k.
XBTUSD 4H BitMEX
7.2k is the strongest support inside it.
Stoch crossing down and OBV crossing 9 period MA for the 1st time on this leg up.
50% fib = ~7k and 61.8% = ~6.7k.
XBTUSD 4H BitMEX
Crypto Charters TA
Consolidation going on, price ranging and low volume. Good support @ ~7.5k. Bollinger Bands compressing. Next week has everything to be really good. *First* target moved to 8.5k. XBTUSD 4H BitMEX
Correction: For some reason log was disabled, first target is actually ~9.2k.