Zvn’s Charts
2018.08.27 - Weekly $BTCUSD analysis
# 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.
Zvn’s Charts
2018.08.27 - Daily $BTCUSD analysis
# 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.
Zvn’s Charts
2019.08.2017 - Daily $BTCUSD analysis
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.
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.
The retracement (6.8k) came, 7130 broke, 7350 is next.