twentya20

twentya20 Updated 

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twentya20

BTC found support on the predicted area and has began to move up again. Daily RSI shows room for a move up to around $7200. 4h RSI hit 70 and is now moving back down. Bulls looking for BTC to keep above the dashed line. If we move up, resistance will be at the 100D + 50D MA area. MACD on daily looking to cross up which is bullish. From now on I'm going to try...

twentya20

I expect a push back down to the support (green line) and then if there is no volume I expect us to go lower. Daily RSI is still above 30 meaning there is room to push down. 2h chart showing possible continuation triangle forming. Looks like we will push down to 6100 area (green line) and test the support. Daily chart looking quite bearish, as we are below the...

twentya20

BRC dropped down as predicted however I am seeing possible support here and possible formation of a symmetrical triangle. I am taking profit on my short and opening a long here with a stop of 6340 If my stop is hit then I expect us to move down to 6k so I will be shorting in those circumstances.

twentya20

BTC took a sharp turn down as it broke down out of the rising wedge on the 2h chart. I was looking for BTC to move up to 7550 to meet the 10 month long diagonal resistance however BTC gave up before then. It broke through the 50D MA and is currently sitting on the 100D MA. As you can see, on the daily chart we have a big red candle (in my case black candle)....

twentya20

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