Fractal analysis.
Nota
Not a good look here. Think 3-day RSI tests 50-40 area.
Nota
Fake out. Upwards consolidation still in play!
Nota
If we're consolidating upwards. I'm targeting 92k.
Nota
If we break down this is what I'm seeing.
Nota
Nice bounce off kumo twist @56k. I don't want to see a close below otherwise upwards consolidation play is done for.
Nota
Fractal comparison update. Redrew the squiggly to fit the time frame a bit better.
Nota
uPwArDs CoNsOlIdAtIoN
Nota
3 Day bearish divergence on RSI negated. Conservative 1st target zone 68-74k. Blow off top 92k-120k.Nota
RSI currently sitting on 44. 2016/2017 bull run respected this level. Would Ideally like to see this hold, but price action seems to want to see lower.
Nota
Ded.
BTCily Wassilyevich Kandinsky (16 December [O.S. 4 December] 1866 – 13 December 1944) was a Russian painter and (ch)art theorist.
Kandinsky is generally credited as the pioneer of abstract (ch)art.
Kandinsky is generally credited as the pioneer of abstract (ch)art.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
BTCily Wassilyevich Kandinsky (16 December [O.S. 4 December] 1866 – 13 December 1944) was a Russian painter and (ch)art theorist.
Kandinsky is generally credited as the pioneer of abstract (ch)art.
Kandinsky is generally credited as the pioneer of abstract (ch)art.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.