XBTC-BTC/USD WEEKLY CLOSE
Good day guys,
well we had the weekly close under 8 k, not a good sign on my view, per weekly we are in a bear market. We have ton of 9 buy coming up or in game now and a possible descending triangle forming on the daily/4 h ( later a chart of the 4 coming up).
On a overview of the TD and CME open:
M 2 UNDER 1
31 D PRICE FLIP - green 1
W 7 ON 9 COUNT
3D 9 BUY
2D 9 BUY
18 H 9 BUY
12 H 9 BUY
8H 7 ON 9 COUNT
4H 8 ON 9 COUNT - NEXT CANDLE A 9 BUY
2H 6 ON 9 COUNT
1H 2 ON 9 COUNT, NOT YET A 2 ABOVE 1
15 MIN NEUTRAL
CME OPEN GAP FROM 8200 TO 7903, possibility for upside to the trend line and 8k resistance zone with a wick up to close the gap. This would be a relief bounce before new lows in my view.
Keep a close eye on ADX and the -DI on verge of a possibile cross with +Di
Safe trade folks
well we had the weekly close under 8 k, not a good sign on my view, per weekly we are in a bear market. We have ton of 9 buy coming up or in game now and a possible descending triangle forming on the daily/4 h ( later a chart of the 4 coming up).
On a overview of the TD and CME open:
M 2 UNDER 1
31 D PRICE FLIP - green 1
W 7 ON 9 COUNT
3D 9 BUY
2D 9 BUY
18 H 9 BUY
12 H 9 BUY
8H 7 ON 9 COUNT
4H 8 ON 9 COUNT - NEXT CANDLE A 9 BUY
2H 6 ON 9 COUNT
1H 2 ON 9 COUNT, NOT YET A 2 ABOVE 1
15 MIN NEUTRAL
CME OPEN GAP FROM 8200 TO 7903, possibility for upside to the trend line and 8k resistance zone with a wick up to close the gap. This would be a relief bounce before new lows in my view.
Keep a close eye on ADX and the -DI on verge of a possibile cross with +Di
Safe trade folks
הערה
Well that was fast, CME gap closed
Trading and analysis are two different skill sets. A tiny percentage of traders possess both capabilities. TA, investor and Developer. Space engineer - CFA
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.
Trading and analysis are two different skill sets. A tiny percentage of traders possess both capabilities. TA, investor and Developer. Space engineer - CFA
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.