After residing in Bali for a month sheltering away from most of the fud and bloodshed throughout the cryptocurrency and indices markets its nice to be back and see a bit of green in the markets. This is my personal opinion on what I believe will happen to bitcoin. The banks want bitcoin more than we do, if they can create an emotional rollercoaster of a ride with...
Have just added in a trend line from my 4 hour chart to the 2 hour chart just in case I need to switch because to a key Bollinger point for me just below $10,100 on the 2 hour chart is looking vulnerable. Otherwise no worries.
Just thought I would update my earlier charts add some more arrows and what happened last time just in case price heads back down to a key Bollinger point for me just below $10,100, but trend line still good. No worries.
Just added another arrow to chart to show most recent time crashed through MA to lower Bollinger line, otherwise based on previous pattern market will hold at MA area or head back down till it makes contact with lower Bollinger Band - Support area. No worries. Upward trend lline still intact.
Based on previous pattern market will hold at MA area or head back down till it makes contact with lower Bollinger Band - Support area. No worries. Upward trend line still intact.
Validated confluences
1.Monthly,Weekly,Daily uptrend
2.Daily Support valid Resistance Broken
3.Trend Trading
4.Profit margin 1:5
5.Daily Trend-line still validated
6.Breached lower (Bollinger-Band) which indicated strong area of support
7. The revised level is Lower on the curve increasing probability
8.Opposing zone breached (Strong Validation)
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