Trading View ( BTC ) - WEEK 37 #4 | ...catch the falling dagger

in trading •  7 years ago  (edited)

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hello steem ppls,

#BitCoin (BTC) - USD | week 37 | #4

lets have alook into the falling dagger?

What happened last week:

btc went ahead for second SELL Wave.It missed target area(~4.000) about +150pts- we could see also strong trend breaking BUY-backs in (15min/1h bars)

BTC / USD 15 min

btc.png

yellow: second Sell-Wave Gap (remember, its not finished yet)

BTC / USD 1 day

btc1d.png

today we will look at 1d chart. bitcoin hit BIG SUPPORT AREA at 3.950-4.000(1d chart strongest django inhood)

-if we see such a fallback from upper bollinger band directly to lower one in 1day bar chart.
The Case Bitcoin plans to continue falling, we will see atleast a smooth buyback to mid bollinger band and moving averages- to test and proof the falling dagger trend otherwise its very, very uncommon

-so tighten your seatbelts be ready for an buyback, get good buyin position in todays shaft,bitcoin is now technically free for new All-Time-Heights

remember btc chart analyses is not case sensitive,prices can be inaccurate cause of price-varities in tradingplaces
i hope this was useful to you. trading crypto is risky

if though iam happy about every upvote and follower!

#TradingView Series are steem exclusive

iam also planing an indicator series, each weak one -simple explained

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~| fluffy.blockchain

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good job!