MOVING AVERAGES
100 and 200 are far below so there is room for price to be pulled down towards them.
Color coded 50 and 15
15 sma and 50 sma are green and moved up but there is a resistance at $29k. This may be the reversal point.
DAY- CHART PATTERNS AND TREND LINES
Up sloping support and resistance.
DAY - DIVERGENCES
A bearish divergence. It looks like we may have one more short move up and head down.
DAY - RSI, STOCHASTIC AND VOLUME
For the update on these indicators watch my video update.
100 and 200 are far below so there is room for price to be pulled down towards them.
Color coded 50 and 15
15 sma and 50 sma are green and moved up but there is a resistance at $29k. This may be the reversal point.
DAY- CHART PATTERNS AND TREND LINES
Up sloping support and resistance.
DAY - DIVERGENCES
A bearish divergence. It looks like we may have one more short move up and head down.
DAY - RSI, STOCHASTIC AND VOLUME
For the update on these indicators watch my video update.