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.
Crypto Charters TA
1hr btcusd - bounce off 7137 fib + fib circle with modest bull engulfing .. battle at yellow line to rebuild support ..7070-7120 nice support on 1hr - possible bull pennant forming in next few hrs
this IHS pattern is also the handle of a cup&handle (and its a small handle which is even more bull) - and the neckline was just breached on the move to 7300 - testing support after the breach - target for CH ~8200 (on longer TF chart)