Bitcoin just crossed over first ATR line and changed it to the green (long signal 1/4)
RSIOMA signal line changed to green (long signal 2/4)
RSI line is very close to the middle line (neutral signal 3/4)
Heikin-ashi Smoothed changed from red to green (long signal 4/4)
3/4 Long signals
1/4 Neutral signals
Short-Term Market side - Bearish
Medium-Term Market side - ...
How to calculate next low with a bearish pennant ? I'm doing it my own way, not like in books $8,674.4 - $7,835.9 = $838.5 or $8,674.4 - $7,716.6 = $957.8 Then pick a measure from inside pennant. I'm going to take 50% $7,941.1. Therefore $7,941.1 - $838.5 = $7,102.6 or $7,941.1 - $957.8 =$6,983.3. I'd be happy if it just broke $7,240. In case of trap I've ...