crypton00b_12

crypton00b_12

We are still in a downtrend in the day chart! don't get your hopes that high!

crypton00b_12

it has the 4 things needed to be a Bearish Failure Swing! Bearish Failure Swing RSI rises above 70 (considered overbought) RSI drops back below 70 RSI rises slightly but remains below 70 (remains below overbought) RSI drops lower than its previous low. I saw it play out!

crypton00b_12

what do you think?

crypton00b_12

above average! that is good!

crypton00b_12

the pattern is following, what do you think?

crypton00b_12

Basically what I understand is that if bitcoin goes up the 0.38 fib level, is going to continue upwards, my Idea

crypton00b_12

If this one does not support the downtrend and bounces it back up, it will be very bad

crypton00b_12

this support line has worked well before, I think we should see an uptrend from here, short? long? we'll see

crypton00b_12

and the next challenge is to beat the 13,000 resistance level

crypton00b_12

I think we already tested this 9,000 support level, so, we need to see if we break the next resistance level which is at 12,000

crypton00b_12

Hello, again, I am trying to keep it simple,I am like a three weeks old new to trading, and new to cryptocurrency, is this correct?

crypton00b_12

I am kind of new on trend analysis, seen the Macd and the RSI, I see a bulish trend starting, can you confirm my observation?