lokkoroko

lokkoroko

Hi and welcome to my brief analysis of BTC movement. We've been locked in embrace of consolidation for over a month now, and things are currently not looking really promising for any direction if you ask me... still we can read the chart and try to predict the next best move. First thing I notice here is the narrowness on MACD. Usually we're on either side of...

lokkoroko

Hi and welcome to my analysis of Bitcoin on weekly chart! My main 3 factors to focus on analyzing this chart will be: Ichimoku cloud, MACD and EMA 50 & 100. Starting with Ichi - on weekly we are currently trading just above the cloud, which is in fact bullish, but looking closely at candles, we see they are barely making their stay above the cloud. If we brake...

lokkoroko

The pattern is there, there's just the question on where we're landing.