BTC Dominance (Y20.P1.E7).Cup&Handle.Target

2020年1月10日

Hi All,

If I'm not mistaken, BTC is about to go bullish, if GOLD has anything to do with the relationship.
I have 2 point of interest for entry. 7450-7550 or bottom of the channel (to be retested). In my next post I will explain what are the 2 significant point of entries.




GOLD TA
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It looks like GOLD is also about to go up, bounce of this support. From what I can see on Gold on the DAILY, very bullish signs.
This might equate to BTC breaking the channel as well.





Please don't forget to give me a tick\like, as I would appreciate it.


Regards,
S.Sari /CryptoProspa

2020年1月10日

註釋

2020年1月10日

註釋

The correlation between gold and bitcoin has reached its highest levels since August 2016, according to a new study.

Arcane Research, a cryptocurrency-focused data analysis firm, noted a steep direct proportionality between the two rival assets. In a report published on Friday, the firm mentioned that the correlation was “below zero just half a year ago” but strengthened to 0.3 to retest its three-year high.

“This will without a doubt strengthen the “digital gold” narrative for bitcoin,” the report added.



newsbtc.com/2020/01/10/bitcoins-correlation-with-gold-highest-since-2016/

2020年1月10日

註釋

The DAILY candle looks bullish, the RSI has plenty of room to the upside. On the BB band, its at the top which is why there was a sell off however the engulfing daily candle makes a strong case. At the time of doing this, there is 32 minutes left for the 24 hr candle to close.

2020年1月10日

註釋

12 minutes to go to close above the EMAs

2020年1月11日

註釋

not looking good for the short term

2020年1月11日

註釋

2020年1月11日

註釋

Details, large 30 min chart

2020年1月11日

註釋

My suspicion, target is 8800, but first we need a reversal here

2020年2月3日

取消訂單

Got it wrong