BTC TECHNICAL ANALYSIS
MY OBJECTIVE(S):
Immediate/Temporary:
1. Overall trend is still bullish most especially the Daily and the weekly structural switch point are still intact(Bullish) so I'll keep an eye out for Temporary longs.
Long term/Semi-marco:
2. Still bearing in mind no pun intended overall trend is still bullish but there's a switch point on the monthly Time frame & am looking at the area highlighted in Purple to see the way price react and act accordingly.
I expect a drop but if I am to see a break in the switch point bulls have taken over from the bears totally.
PAIR TREND
12MONTHS=====> BULLISH
6MONTHS =====>BULLISH
3MONTHS=====>BULLISH
1MONTH======>SSP(II)BEARISH
WEEKLY=======>SSP(II)BULLISH
DAILY=========>BULLISH.
#REDFOXXX
MY OBJECTIVE(S):
Immediate/Temporary:
1. Overall trend is still bullish most especially the Daily and the weekly structural switch point are still intact(Bullish) so I'll keep an eye out for Temporary longs.
Long term/Semi-marco:
2. Still bearing in mind no pun intended overall trend is still bullish but there's a switch point on the monthly Time frame & am looking at the area highlighted in Purple to see the way price react and act accordingly.
I expect a drop but if I am to see a break in the switch point bulls have taken over from the bears totally.
PAIR TREND
12MONTHS=====> BULLISH
6MONTHS =====>BULLISH
3MONTHS=====>BULLISH
1MONTH======>SSP(II)BEARISH
WEEKLY=======>SSP(II)BULLISH
DAILY=========>BULLISH.
#REDFOXXX