H1 : Strong recovery seen overnight from 56'250 towards 58'315
which has been triggered by the breakout of the cluster (TS/MBB) around
56'800.
It looks like BTC is losing momentum as shown over the last couple of candles,
with a doji, at the top for the time being.
M15 : Picture even clearer, the breakout of the cluster (TS/MBB/KS/Clouds) triggered
an upside acceleration (green arrow !) towards the high of 58'315 previously mentioned.
From that level a triangle pattern took place and trigger a reversal move.
Levels to watch on M15 :
DOWNSIDE :
S1 : 57'827
S2 : 57'720 (IMPORTANT !)
S3 : 57'525
S4 : 57282
UPSIDE :
R1 : 58'034
R2 : 58'315
R3 : 58'549
R4 : 60'000
Watch M5 to get very short term clues
Ironman8848
which has been triggered by the breakout of the cluster (TS/MBB) around
56'800.
It looks like BTC is losing momentum as shown over the last couple of candles,
with a doji, at the top for the time being.
M15 : Picture even clearer, the breakout of the cluster (TS/MBB/KS/Clouds) triggered
an upside acceleration (green arrow !) towards the high of 58'315 previously mentioned.
From that level a triangle pattern took place and trigger a reversal move.
Levels to watch on M15 :
DOWNSIDE :
S1 : 57'827
S2 : 57'720 (IMPORTANT !)
S3 : 57'525
S4 : 57282
UPSIDE :
R1 : 58'034
R2 : 58'315
R3 : 58'549
R4 : 60'000
Watch M5 to get very short term clues
Ironman8848
Comment:
Potential bearish divergence in progress !
