Felix000

3 months up in a row (see green blocks) Where next?

Education
Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
3 days till end of month but does it matter ? Does 3 months up in a row mean the bottom is in ? Was the rise strong enough ? NOT ADVICE DYOR
Here is the weekly with Stochastic RSI
Here is the monthly
Comment:
Copy from my latest post

Buy Bitcoin using as timing signal VIX Volatility S&P 500 (SPX)

Using VIX Volatility S&P 500 (SPX) 20 MA Monthly as timing signal to buy bitcoin Mark 1st month turns up. Mark following month when SPX bar red Mark same Bitcoin when bar is red - purple horizontal is stop loss & break above blue confirms buy NOT ADVICE DYOR

Comment:
Could we see a fourth green candle in May ?
Comment:
7 Month MA could be useful for retrace
Comment:
Update. Based on last three A B C breakouts $8,900 was lowest target. Now got to see whether we'll also get the 1;2 pattern i.e. will June exceed high of May. Not impossible. Keep eye on 7 Month MA, & c. $5,690 for pullback like A B C. NOT ADVICE. DYOR.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.