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bitcoin
chartpattern
crypto
cryptocurrency
daytrading
indicator
mtfa
parallelchannel
supplyanddemand
trendanalysis
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After the move down in Bitcoin (and most cryptocurrencies) yesterday, looking for a counter trend trade back up to target some of the inefficiencies that were left. We've built relative equal highs around $89.5k which I would look to target if we get a move down in price to mitigate the range which caused this small push up. Of course, still very aware this is a...
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Bitcoin has been in a tight bearish channel on the Daily timeframe. Yesterday (Tuesday 18th February) price took an internal daily low at $94,002. Today we are looking for the potential for price to mitigate the inducement POI created from price taking the daily low yesterday. Also aware of the potential for shorts from $96,177 although expecting price to move a...
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