Forwarded from Zvn’s Charts
# Downtrend still intact but definitely losing steam.
- ATR lowest since last October, high volatility should follow;
- Trend flattening, going for a 4th try at reversing:
✅ Higher low
🔳 Higher high (>8.5k)
- RSI lowest in 1 year.
- ATR lowest since last October, high volatility should follow;
- Trend flattening, going for a 4th try at reversing:
✅ Higher low
🔳 Higher high (>8.5k)
- RSI lowest in 1 year.
Forwarded from Zvn’s Charts
# Trapped inside the block
- Shorters still have the upper hand, lots of resistance above;
- Currently at the top of the range/BBs/exaggerated StochRSI;
- Bearish short term, should reach for at least 7.8k medium term.
- Shorters still have the upper hand, lots of resistance above;
- Currently at the top of the range/BBs/exaggerated StochRSI;
- Bearish short term, should reach for at least 7.8k medium term.
Forwarded from Zvn’s Charts
2018.08.28 - Daily $BTCUSD analysis
Pushing against resistance.
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Text on image.
Pushing against resistance.
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Text on image.
Forwarded from Zvn’s Charts
Better volume yesterday but to no avail. Strong resistance at 7130, can quickly go to 7350 if this breaks but I'm still expecting a retracement before that. No good trade I could take was found.