Traders,
For the first time since November, I am starting to see small signs that Bitcoin wants to turn bullish again. To me, it appears that Bitcoin has touched and tested our bottom line of support (BLACK ascending trend line) one last time and is now ready to move up. The last touch provided the market with enough of an impulse to move up and through descending resistance(s) (PURPLE TREND LINES). We are now performing patented technical analysis as the market moves back down to touch previous resistance which is now support. Once this has occurred, we can expect a second impulse to the upside. Will this be enough to advance us out of the "FUD ZONE" and into more bullish territory? I think this week will tell us the rest of this story.
- Stew
For the first time since November, I am starting to see small signs that Bitcoin wants to turn bullish again. To me, it appears that Bitcoin has touched and tested our bottom line of support (BLACK ascending trend line) one last time and is now ready to move up. The last touch provided the market with enough of an impulse to move up and through descending resistance(s) (PURPLE TREND LINES). We are now performing patented technical analysis as the market moves back down to touch previous resistance which is now support. Once this has occurred, we can expect a second impulse to the upside. Will this be enough to advance us out of the "FUD ZONE" and into more bullish territory? I think this week will tell us the rest of this story.
- Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。