I am seeing a bearish M-pattern in the latest spikes of BQX/BTC. This could mean a possible downtrend in the short term. Besides that, I can see a possible breakdown line at around 0.00033850 BTC. As you can see the volume is still very high, so that's not a good breakout sign either. Furthermore, it has had its natural correction, but BQX still hasn't retraced to...
Red range has begun, no longer holding, on watch Dont know, dont care, its just a ticker to me
what we have to say... the blue pill or the red pill ?
A very young chart, as usual for Binance trades, so let me start with a caution: There is no history for this coin. It has been going down since it was added to Binance, and after reaching a low point, it is now breaking out and going up strong. Trade at your own risk, which is always true, but know that the markets are "choppy" and the trades being shared now...
XRPUSD Daily Forming Wedge Color Red Number 7
BTCUSD Trending Lower Swing Down Color Red Number 5
BTCUSD Trending Down Swing Color Red Number 3
Lower Lows confirm the Downtrend Color Red Number 2
I personally like the indicator, it works pretty good for Swing Trading, or to reduce / add positions. I'm neither bullish or bearish on bitcoin.