TriquetraTrad

TriquetraTrad

We are facing BITCOIN repeat the last behavior on Weekly timeframe. After a costly upward moviment at March and Abril, we had see a indecision candle and the next downward moviment progressing. We had a costly upward moviment at July and August and now, we are seeing a indecision candle iminent. It's important observe the pattern HEAD-SHOULDERS because mensuring...

TriquetraTrad

We are facing BITCOIN confirming the limits of Rising Wedge (a pattern that antecipates the next downward moviment). The price is close to the main limit tendency (red line), near the Ichimoku resistency and touching again the border of Rising Wedge (there are much barriers to broke without volume to do it). I'am out of the market in this time because this...

TriquetraTrad

We are facing BITCOIN forming a Rising Wedge in daily's timeframe. At moment, the price is inside Ichimoku Cloud that indicate indecision. The Stochastic is near the value of 50 to crossing to below and there is a exaustion in MACD. The volume needs increase with more force to close above 25K and release this current area. I'm neutral in this case because,...

TriquetraTrad

We are facing REEF testing the border of a Triangle Ascendent where was a premature breakout some days ago. The Sthocastic is near to crossing the 50 value to UP indicating a bull moviment. Also MACD is showing a begin of a upward moviment. The REED has all necessary to free yourselft from the ascending triangle and go to the UP. If you are interested in more...

TriquetraTrad

We are facing BITCOIN testing the neckline and the border of a possible triangle ascendent. There is a pause in downward moviment because of a cicle in amount of candles (last upward and subsequently downward) and also a exaustion in timeframe H1 showed in MACD. The Stochastic shows a trend to go UP (crossing the 50 value to UP), problably at Ichimoku Clouds or...

TriquetraTrad

We probably are facing a formation of a Triangle Ascendent with one premature breakout confirmation.