You win some, you lose some! On the downside, the Level @ 610$ is the Level to wwatch - on the upside still the levels 650/680$! All Prices below 610 are bearish - the tp @ 540$ would be opened. Will the Level @ 610 be bought, that a weak bullish Signal - TPs 645/680
Comments are welcome -Agree or disagree!
Former Analysis: Comment. maintrend is still intact..still! i don`t belive in new Highs!
Further downwave could be exspected! Is it a H&S? Only Prices above 665$ will brighten the Chart! The RSI signs a further tiny upwave before the exspected Drop would be realistic... TPs are illustrated in the Chart. If you have any questions -please ask me. Comments are welcome -Agree or disagree! Comment:
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oh yes!
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normally i would exspect such a move..but btcusd-moves are a bit https://strange....https://www.tradingview.com/x/C6zlsDmm/
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ok ok - this time it works...
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next downmove ahead... ?
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speeeedyyyy !!!!
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what then heck?
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selloff-feeling! ... BB and RSI are extremly stressed - anytime you have to exspect a rebound, but that is not a must. The tp of the downmove is still 540$. If we see a countermove - the 38,2 fibo could be a target (~590$),
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ultrashortterm view: building a new "3"? As long we trade below 570$ in that timeframe, the momentum is still bearish
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reached action point
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double-bottom vs. breakout - rsi signs temporarily bottom
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buyingshakeout candle - rebound or direct "selloff" down to the tp @ 540?
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trading below 554 are bearish - prices above 563 / 570 are bullish in this timeframe