btc usd perpetual PHEMEX march 5
UPDATE
-On 4 hour ichimoku cloud we see a green cloud with a fox heads shape.
-One of my fib extension zones match the size of the snout
HOWEVER
-After that we have printed some red cloud on the 4 hour
-On this chart when we look at the 3 hour cloud we see the red cloud matching the size of the same fib extension zone and even more red cloud being printed
-What does this tell us? Possibly that the red cloud will continue to form due to that zone on the fib extension showing stronger confluence towards resistance
-Possible head and shoulders forming to perpetuate the idea of this zone of confluence being a resistance not a zone of support
-Blue conversion line is crossing the price action to the upside indicating bearishness
-If I were to look for a long entry it would have to break my fib extension level of 52.8k
-On 4 hour ichimoku cloud we see a green cloud with a fox heads shape.
-One of my fib extension zones match the size of the snout
HOWEVER
-After that we have printed some red cloud on the 4 hour
-On this chart when we look at the 3 hour cloud we see the red cloud matching the size of the same fib extension zone and even more red cloud being printed
-What does this tell us? Possibly that the red cloud will continue to form due to that zone on the fib extension showing stronger confluence towards resistance
-Possible head and shoulders forming to perpetuate the idea of this zone of confluence being a resistance not a zone of support
-Blue conversion line is crossing the price action to the upside indicating bearishness
-If I were to look for a long entry it would have to break my fib extension level of 52.8k
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。