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.

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.

Block breaking

2018.08.28 - Daily $BTCUSD analysis

Pushing against resistance.

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.

The retracement (6.8k) came, 7130 broke, 7350 is next.

2018.09.03 - Daily $BTCUSD analysis

Everything went as expected.

2018.09.03 - Weekly $BTCUSD analysis

Bullish close.

2018.09.05 - Daily $BTCUSD analysis

Retracing as expected for now.

https://twitter.com/opchecksig/status/1037388008046120963

A closer look (1H). Look at that RSI.

https://twitter.com/opchecksig/status/1037416267546808321

Second support coming in now.

Holding by a thread

2018.09.07 - Daily $BTCUSD analysis

Sitting on a convoluted support area.

2018.09.10 - Daily $BTCUSD analysis

Still undefined chopping.

https://twitter.com/opchecksig/status/1039255810533203970

2018.09.10 - Weekly $BTCUSD analysis

Ugliest candle in a while.

https://twitter.com/opchecksig/status/1039256242437455872