In my last Bitcoin chart, I covered the monthly developments in the Kraken XBTEUR pair.
Currently we're one week away from the end of the year, and closer to get more clues about the recent developments in price action.
After this week's close, I'll be able to determine the direction in the short term, and after the monthly/yearly close, I'll have a much clearer picture of the main trend's progress.
On demand from one of my followers, I used weekly bars and overlaid them with the MTPC indicator, since it provides us with an 'inside scoop' on the monthly price action while the bars are developing.
Right now, Rgmov is in a strong uptrend in the weekly and next week is decision week for Bitcoin.
If we don't see price move past 457.02001 in one week, it'll be of moderately high probability to see BTC price slump and head a bit lower in the intermediate term.
I'll update this one when relevant.
Cheers,
Ivan Labrie.
Currently we're one week away from the end of the year, and closer to get more clues about the recent developments in price action.
After this week's close, I'll be able to determine the direction in the short term, and after the monthly/yearly close, I'll have a much clearer picture of the main trend's progress.
On demand from one of my followers, I used weekly bars and overlaid them with the MTPC indicator, since it provides us with an 'inside scoop' on the monthly price action while the bars are developing.
Right now, Rgmov is in a strong uptrend in the weekly and next week is decision week for Bitcoin.
If we don't see price move past 457.02001 in one week, it'll be of moderately high probability to see BTC price slump and head a bit lower in the intermediate term.
I'll update this one when relevant.
Cheers,
Ivan Labrie.
注释
The chinese induced retracement will give us more clues after the weekly close.I expect lack of follow through for bears, prematurely speaking.
注释
On track.注释
New uptrend signal emerged from the weekly.Target is close to 600 euros.
注释
It's good to see I was spot on. Hope someone benefited from it.Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
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Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
相关出版物
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
