if this daily candle closes on "mother of all resistance" or below $9118 , i doubt this rally for reasons:- 1). volume is decreasing 2).daily candle close on resistance or below 9118. 3). if price trend reverses FROM HERE on HTF , it can make bearish divergence on all HTFs . 4). close of daily candle below upper bollinger band on daily chart . these all r...
9100 zone is mother of all resistances ,BTC trend change can happen from there, wait & watch till any 4H candle closes in red from there to prove this analogy ,will be shorting from 9040- 9110 with a stop of 9240 . that red line is resistance & green line below is support for next week move .
chart says it all,break of neck of previous "M" double top & btc will fly away ,with stock markets looking like they will shit in pants, BTC senario of flying up seems more probable.
chart says it all no need to say more - it covers ur ass(support) it gives u money -target (resistance)
this last 1 h candle is stop run , be with ur position & if stop hit -buy it back
three point touch on 1h trendline with bullish divergence on 1 h time frame . should shoot up anytime , stoploss same as shown by support zone .
THREE POINT TOUCH ON 15MIN CHART TO INCLINING RESISTANCE ,NO DIVERGENCE SPOTTE- THAT MEANS, GOOD TO GO UP . MAKING HIGHER HIGH -THISALL ADDS UPTO THE CASE TO ANOTHER BOUNCE . BY THE WAY DOTTED BLUE LINE ACT AS SUPPORT BREAK OF WHICH WILL LEAD TO MORE CORRECTION FROM 8130
trade multiple markets if this happens , dow jones & world stocks to lows - BTC to new 2019 highs - oil to new 2019 lows ... story to continue .........................
as of now hitting the resistance @8200 , but any correction is buy on dip .
1 D, 1 H SHOWING OSCILLATORS AT OVERSOLD , ON THE TRENDLINE SUPPORT ON ALL TIME FRAMES , WEEKELY OSCILLATORS R BULLISH , BREAK OF 7700 AT ANY CANDLE CLOSE WILL CREATE PANIC (BUT RARE CHANCE-ALSO ACT AS STOP FOR THIS LONG TRADE) .
thats the power of doji at accurate trendline support , nice pump in BTC
crucial movement, HTF is signaling more drop down,continuation of trend in HTF , 6200 would be the targeted support on HTF .
hidden bearish divergence on 1H & hitting the diagonal resistance on 4h , bias is negative , so its a short from 7850 till 7950 with a stop of 8130 . target @ 7150-7200
BTC trading at support , any wick to 7800 is a catch , but a decisive breakdown (HTF candle close) below 7750 will create PANIC SELLING TILL 72000-7260 , WHICH WILL BE THE FINAL SUPPORT . HAVE TO WAIT & WATCH ANY BOUNCE OR DIVERGENCE (IF THERE) FROM HERE .
If u notice XRP -BTC making classical hidden bullish divergence on weekly ,with forming a triangle on long term support zone ...most probable outcome would be out burst to upside in coming 10-15 days . its a buy on dip scenario for XRP/BTC in coming day as i expect upside upto 10000 sats in next 2-3 weeks .
Nifty showing bearish divergence on almost all time frames & rising wedge .... a spot for shorters with a close stop of 12050 . a trade to be played ,bcaz setup is at good risk/reward ratio .
On 4h, it's triangle on triangle formation clubb it with hidden bullish divergence on daily another big bounce upto 9200 would be coming soon . enjoy the euphoria in $btc .
RSI is making Inverse H&S , if u can notice on chart, it's on Neckline which is major resistance on RSI on 1day . Since trend is clearly bullish (making higher highs & higher lows) on 1day ..i expect Nifty to bounce till 12200 in this week only , where 12200 is a place i will be cautiously shorting , as 12200 will act strong trendline resistance , so expected a...