BTC/USD Going Down to finish the triangle.. Daily MACD dictates!

in #bitcoin7 years ago (edited)

btc usd 1 5 2018 ..png
MACD has crossed over on the Daily chart , and bounced off the long term pressure line(red rising line).. Have a look on the MACD .. it's quite self explanatory..

btc usd 1 5 2018 MACD.png
Volume indicates some trend changes on the time line (red/green spotted lines) they corelate with the pattern on MACD and furthermore confirm the triangle pattern .

I marked HnS pattern which is currently finishing the head phase..that should bring us down to 7k level .. a good place to open a long position.. In case the breakout happens before the very apex of the triangle - Green Arrow//

btc usd 1 5 2018 HnS.png

My target as a result of the triangle pattern 12.8k..

btc usd 1 5 2018 s..png

https://www.tradingview.com/chart/BTCUSD/g32BgzeX-Going-Down-to-finish-the-triangle-Daily-MACD-dictates/
.. link to tradingview for updates..

This is my hobby so take it or leave it :D

All the best

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Excelente tu análisis del btc, amigo gracias por compartir!
Saludos! :)

Gracias Carla ! No salio exactamente asi en fin.. a ver si va a bajar hasta $7k :D Que tengas un buen dia!

Si pero igualmente se valora que lo hayas realizado yo no sé nadita de eso.
Gracias ten un lindo día igual :)

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