BitcoinMF

BTC daily Thoughts

BITFINEX:BTCUSD   Bitcoin
BTCUSD
XBTUSD.P

hello everyone
Daily Thoughts and updates:
1D second day of confirming reversal with Heikin Ashi
:eyes: how lines of MACD got closer but because of dump actually got far away from each other making it harder for positive HIST to appear
RSI and STOCH are Also curving down. Generally I think PA will head more DOWN but we might visit 6400 area again because of high volatility. Anyways even if tries to PUMP for breakout IMO it wont get too much more than EMA 20 (~6400-6500 area).

12H SHORT Signal. TBH i've been waiting for it from yesterdy. NOW got. so keep looking how plays along the day.
(I wanted this signal because Im short this last days and this is my confirmation)

6H is showing some UP movemnt IMO. like the 12H anti-thesis, Notice the RSI and STOCH curving UP from bottom indicating probably PA UP.
I watch the macd carefully on this one as if it breaks to positive HIST could trigger a run UP.

3H seems bullish as fighting for getting price to EMA ~15 (at least)
pump to ~6370 might play out.

1H same concept only here we can see how PA stops and having trouble breakout EMA 15
also Stoch RSI is at top so if a move up wants to play stoch RSI must cool off at least a bit.
Mt guess tpday IT WILL BREAK and pump to ~50 EMA on Hourly before DUMP continues.

30 min
waiting for "scalp" signal (long)
No signal = PA DOWN

15MIN fight tries to break EMA 50
if break ill be watching the next TF (30 MIN)

5min "scalp" long signal

ALL NO ADVICE just my real thoughts and analysis
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