Bonavest

ZING! Ricochet Off of the Daily ATH Trend Channel

做空
Bonavest 已更新   
BITFINEX:BTCUSD   比特币
We recently hit a big resistance level at the ATH trend line from $20k. Initially the awesome Daily momentum was thought to be strong enough to keep pushing us to new highs into the Ichimoku cloud. Sadly a nasty looking doji was left on the Daily so a more bearish action is to come on a larger time frame.

The 4 hour chart has some past weekly pivots that the price missed and typically it is said those price levels will be revisited. So $9,323 and $7,714 are good price targets using current S/R levels.

As for price targets I have looked at several different types of charts and indicators and there is a lot of confluence on the $9,000 area. Weekly Pivot in green is at about $8600.
评论:
This trade plan is probably not panning out. After dipping through the weekly pivot and the bouncing on the inside of the 4h cloud the price has made a run to the upside and done some chop inside the 55 and 200 SMAs. I am guessing we are going to climb the cloud on the outer edge for a bit.

交易手动结束:
We ended up falling down a bit more with some big Judas candles from Bitfinex helping with getting the momentum going. After the big drops the TA has been a bit strange so I am calling this Trade Plan done. I am seeing a BUY signal (green circle) on the 4h chart and since the TA is a bit messy I want to see if it is good or a false signal.

评论:
Just a further update to the BUY signal I was seeing on the 4h... This turned out to be a good signal and was followed up by a confirming BUY signal at a lower price (yellow circle).


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。