BTC/USD - Coinbase Update, ( Bear/Bull Div )( TTM Squeeze )
Okay I'm glad to see all the squeezes that fired long helped in our favor but there is a dilemma for the bullish pump out of the Pattern(s) we came from. The only ttm squeezes left that have not fired is the 3hr and the 4hr. Based off previous data Ive concluded an interesting affect. The bigger the time frame a squeeze fires long or short, the more time it will give you to react and the longer a pulse will occur so with that said, there is some bearish divergence on both my indicators being the RSI and the VAPI on the 4 hour but if BTC can ramp up those will be invalidated and they are just as important as the ttm squeezes. To invalidate them one of 3 things can occur. 1. BTC rises up to a higher high than the moment we fell from a couple days ago being.. roughly 10,232 2. Fall down a bit... now maybe pfff idk... like 100 dollars or so.. But we must keep the level we are at, and 3. It could go higher, not reach 10,232 but still have a rally or a dip down for a bit, to SATISFY the rsi and the vapi.. and perhaps the 3hr and the 4hr ttm squeeze watches will still be hot and boiling to further a long... Now here is the thing about squeeze watches usually when using smaller time frames by the time something fires.. "THAT WAS THE MOVE" and it's run out of steam the higher the ttm squeeze watch time frames you go the better, 3hr ttm squeeze and 4hr will play a key role... after it fires.. while it's still in watch mode, I can expect pretty much anything goes.. but still have a bullish mindset not mentioning the daily ttm histogram Curling like an upsidedown rainbow very nicely.. So far so good... momentum trading is... iffy at times like before someone could have said Oh look at that now we gonna go up and BTC threw another dip in for you.. like i said So far... so good.. as we go on, I will suggest things related to the histogram that will, or have already happened that will proceed to change the way the daily ttm squeeze histogram looks. We are in a weird bullish limbo right now, keep a close eye..
Comment:
Guess i missed it on accident but the 3 hour fired an hour ago roughly.. now all we have on watch is the 4hr.. and here is the thing right? lets say.. it doesn't look like it shot down like AT ALL. then Good, could be that if this were to be the case.. then it could be after another pump.. or.. it wont. If it doesn't.. then it could mean less stress for bulls I guess but it could mean that the range in which the divergence was called aka.. my call.. was too far, and has either already reflected that divergence but with all the green candles it may be hard to tell especially on a bigger time frame. Because bitcoin or any stock doesn't ignore Heavy divergence now this isn't the case at all..but what i'm saying is that what we consider a sufficient reaction to signals may be random and unexpected, under evaluated or over evaluated. regardless.. this idea is a little impatient Im going to still wait this out a bit see what btc does. regardless of... some divergence im still bullish for now, Put BTC under a microscope because things might get interesting tomorrow
Comment:
Hey! we finally reached our target (and not just a wick)(but closed candles) fantastic ladies and gentlemen Its been an amazing ride up here. I will soon make another chart of what may come, We did see on the small side of things btc took a dip, In my head so far I will say that hidden bear div on the 4hr is complete because it was from a squeeze on the 15m I say this because I think what BTC is doing is laddering the hidden bear div. Basically Say a new hidden bear div updates, BTC takes a lil micro dump and keeps going. Either way I will check it out soon and post again. Well done guys (I also want to mention that it doesn't always have to be hidden bear div.. and even with that, bear divs that look like this --------> -_ or _- on the rsi.. are kinda of weak, but not ALL the time.. just so you know... Those little lines are to represent the angle, if it's not that slanted and its on a big time frame, it could suggest simply that we get selling pressure in digestible bites throughout btc but its not 100%. Anyway yeah *slow clap* *Confetti*