TF-Trader141
Broke support. As you see we are in a descending fib channel. Possible retest of lower trend line support and more downside NOT FINANCIAL ADVICE
Hourly. Decreasing volume. 3 touches on top. 3 on bottom. Bearish. NOT FINANCIAL ADVICE
DXY broke out and found support on top fib channel on the 4hr. expect DOW to open in the red
BTC/USD falling wedge? either BTC will start falling and alts will start pumping, or KNC will begin to pump with BTC remaining steady at 13k.
This is a continuation pattern. This is not financial advice.
Tell me if I'm wrong but it looks like we formed a triple bottom on the daily. Disclaimer: -This is not financial advice, nor am I giving any advice for position, leverage or margin trading. I am NOT responsible for any trading decisions you make.
Could see a pump soon on the dollar, causing more bleeding for BTC and minor retracement for DOW. Hidden Bullish Divergence on the MACD
Hitting residence on the daily at the 21MA and 200MA. 21MA is crossing below the 200MA bearish. -Check out 4hr time frame below.
Broke above 100MA 4hr chart. Next stop is top of parallel channel then the 200MA. Looking to make close above, open above and find support on 100MA
Things looking good for BTC and DOW if we cannot break this Fib channel on the dollar.
As you see we topped out in the falling fib channel . I expect BTC and DOW to begin going up. -Check out my related idea on the dollar below. -We topped out at yellow resistance line that was once support.
At 94.716 we should hit top trend line and find resistance which will push us back down. Assets like BTC and DOW will pump due to depreciation.
We are seeing support above 21MA. -21MA crossed 50MA in uptrend which is good. -Daily time frame we wicked to the 200MA for the 2nd time and failed. Usually 3rd time is a charm -We hit 66 on the RSI couldn't break above downtrend Pay attention to 1.0422 of the 200MA. Could see possible pump to get above it. We are below all major MA's on the Daily. Below are...