jawpilot23

30 min / channel forming & possible moves in short term

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Simple idea using fibs, resistance line and a parallel channel . Seems we will likely either break down to complete the H&S on larger time scales (to ~8k perhaps) or up through the resistance line to form an ascending triangle , A&E, or some similar pattern. If the latter, circles suggest some points likely to see resistance based on Nov retrace to Dec high fib. RSI also trending upwards. Any thoughts/criticism welcome, new to this space. Thanks.
Comment: Bounced off the 0.382 fib. Next target 0.5 fib.
Comment: Folowing the channel. 17k next likely.
Comment: Broke out of the channel down after several tests of upper limit. Bearish at least short term.
English (UK)
English
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out