ביטקויןמעודכן Neutral for now. Bearish for Q3-2018.
Right now I have no position on any cryptocurrency but I am still pretty bearish for Q3-2018 for the following reasons:
• Bitcoin used to experience a 80% retracement after a hugh rally like the one we had in end 2017 (Cfr. Screenshot 1)
• Ichimoku reveals strong bearish signals when using the weekly charts. On the screenshot 2 we see both a TK cross and a twist.
Screenshot 1 – BTCUSD weekly
Screenshot 2 – Ichimoku weekly
I am more neutral on the shorter term (June 2018) for the following reasons:
• We are close to the support level we see on the screenshot 3 below mentioned by the orange triangle. This could be interpreted as a buy signal but the bounce of last week did not woken up the bulls as volumes are still decreasing.
• On the 4 hours timeframe BTC is riding between a slightly ascending wedge but get closer and closer to its lower end. Breaking it would be another sell signal and the first target price would then be 7,085$.
Screenshot 3 – BTCUSD daily
Screenshot 4 – BTCUSD 240
• Bitcoin used to experience a 80% retracement after a hugh rally like the one we had in end 2017 (Cfr. Screenshot 1)
• Ichimoku reveals strong bearish signals when using the weekly charts. On the screenshot 2 we see both a TK cross and a twist.
Screenshot 1 – BTCUSD weekly
Screenshot 2 – Ichimoku weekly
I am more neutral on the shorter term (June 2018) for the following reasons:
• We are close to the support level we see on the screenshot 3 below mentioned by the orange triangle. This could be interpreted as a buy signal but the bounce of last week did not woken up the bulls as volumes are still decreasing.
• On the 4 hours timeframe BTC is riding between a slightly ascending wedge but get closer and closer to its lower end. Breaking it would be another sell signal and the first target price would then be 7,085$.
Screenshot 3 – BTCUSD daily
Screenshot 4 – BTCUSD 240
עסקה סגורה: היעד הושג
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.