graham.edwards84
看多

BTCUSD reversal indication

POLONIEX:BTCUSDT   Bitcoin / Tether USD
It wouldn't surprise me to see a reversal here to the upside. Especially with the first wave target retracement met exactly and the strong divergence on the STOCH RSI .
評論: Both the one hour chart and the three day chart have moving average targets (indicated) that have been met. This gives further credence to the reversal idea I touted just a few minutes ago. As long as these supporting averages can hold here I'm fairly optimistic.

Also, you can see the MacD on the three day chart does look interesting with a potential crossover. Other indicators are somewhat positive too.

評論: Yes the 8 hour chart does seem to indicate a continuation to the downside. Perhaps it could seek the support of the 50 MA here...

評論: We got the support we were looking for on the 50 MA of this 8 hour chart. BTCUSD 3.57% has been consistently targeting the 50 on this chart as you can see.

Stochastic RSI and BB%B indicators both with suggested upside ahead too.

A rally here towards the 200 MA could potentially lead to a breakout of the downward trend line and a golden crossover (50 moving up through the 200) here could be the catalyst needed to confirm the reversal. If we see the crossover and the breakout we may never see sub 10000 prices again. Just a thought.

8HR chart MACD just crossed under. Wouldn't this have more sway for further bearish after this small retracement upside on the 30/1hr?
回覆
@jimo79, agreed, my comments above.
回覆
@jimo79, retracing to the 50MA here on the 8 hour chart is a fairly typical type of a three wave move too. A bounce off this could bring in buyers and propel the price point upwards towards the 15000 plus area. I think you are on to a very intuitive idea that many traders are observing. Nice call.
回覆
jimo79 graham.edwards84
@graham.edwards84, cheers mate. appreciate the update. So far looks like the weight of this fall is quite heavy so I am going to sit out entering a long position until I see an upswing on both the 8HR and 12HR StochRSI's. I don't know if that is the right strategy or not, but I got smashed by trying to enter at wrong times of the falling knife on the previous crash.
回覆
@jimo79, Yeah I hear you. I'm just "holding on for dear life" as they say... lol.
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出