a break of descending bear
channel downtrend
suggests move higher to
overhead resistance at 29.00
Stochastics divergence on
recent low suggests $gold
minders ETF should
move higher
Hello Traders!
Late but an update on Bitcoin!
Times ticking break outs coming…
Points to consider
- Trend is technically putting in higher lows
- Bull impulses getting smaller, Breakout Imminent
- Volume rapidly declining
- RSI neutral
- Stochastics neutral
- EMA’s neutral
- Still no trade till breakout
Bitcoin really is on the verge of a breakout as all...
- Breakout of the channel on the H1 showing price structure being taken out and supporting this bullish sentiment.
- Bullish divergence on the H4 using stochastics implying the bearish momentum coming to a halt and that we are in the mist of seeing a reversal after testing the lows of 1.1450.
- Clear rejection of the weekly support level on the D1 with a long...
