DaneilDG

DaneilDG Updated 

> Weekly pulled back to .618 Fibonacci, horizontal support, 200ema and found support to start a bull run now 3 weeks in. Possibly looking to reach the recent highs area at 1.4200. > Daily formed a descending broadening wedge & is currently starting to breakout to the upside. 1. Price could continue breaking out on the daily and form a small pullback to retest...

DaneilDG Updated 

Simple Bitcoin analysis... > Daily formed a double top at all time highs with bear MACD and now possibly breaking the recent lows, horizontal support & .382 fibonacci. At this point... 1. Price can find support here at 58000.00 area/ recent lows, horizontal support, 50ema support & .382 fibonacci and move back up to recent highs. 2. Price can move back up...

DaneilDG Updated 

Higher Time Frames shaping up for a possible long position. > Quarterly chart has hammer reversal inside bar at all time lows > Monthly deceleration, bullish macd > Weekly forming double bottom. Waiting to see some deceleration/ candle reversals. Forming bull macd. > Daily about to hit recent all time lows. Will wait and look for deceleration, price action ( mini...

DaneilDG Updated 

Higher Time Frames make a case for a pullback and continuation short. > Quarterly chart has bearish engulfing rejecting 50ema, which has acted as resistance recently. > Monthly rejected horizontal resistance with bearish pressure, now looking to retest a minor resistance level on the pullback. > Weekly forming a pullback to 50ema, horizontal resistance, 0.382...