in the above image you can see, that when all moving averages do not cross or overlap one another, this indicates a strong trend/price sentiment in this direction, even after a major pullback, you'll notice the moving averages still dont cross or overlap.
also on the chart image ive touched upon the very popular 1, 2, 3 trading pattern and highlighted that...
those who have read my previous BTC posts will know a couple of weeks ago i said the short run isnt over yet as it hasnt yet hit its 72-78% pull back, contrary to what many believed the bottom was in, but at around $13'000 is the major support level and BTC will have reached its pull back maximum, thus likely will rally long hard once in this zone, if your...
how about this for uber clean accurate entry signals folks?
very unique strategy and approach to chart analysis, wont be revealed, sorry.
comments please, im welcome to ideas, criticism etc
just a heads up, BTC looks like on face value its going to go up, but bare in mind, BTC isnt breaking above bearish volume as you can see with my relative volume profile at the bottom of the chart showing it isnt breaking above the red line, ignore the included strategy stats from the strategy i have on chart , it isnt relevant to BTC or the timeframe.
just a heads up, as ive long predicted BTC to head down lower towards the $13000 level before ending its short leg, dont buy now, wait!! we have a big bearish wickoff pattern, this indicates price is likely to fail shortly on the long side and continue going lower, wickoff patterns are used to trap buyer/sellers into believing theres an imminent breakout in the...
