allkrystals

BTC-USD Volume Divergence

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COINBASE:BTCUSD   Bitcoin
Downtrend channel is broken after huge pump.
Visible volume/price divergence may indicate another pump - another minor uptrend in channel.

Fibs/uptrend channel S/R to watch:
fib 0.236 : 10000USD
fib 0.618 : 11550USD
Commentaire:
Holding curve direction.

Bearflag: resistance @10.800USD
Support @10.000USD
Commentaire:
4H Chart:
BTC hit .236fib (with position near 10k USD) as predicted before.
After a small bounce still holds uptrend channel.
Commentaire:

1H Chart:
Scenario A: Heading straight to 11000, after successful fight with resistance (10350, .618fib).

Scenario B: Slightly south and bounce from support (@9850) visiting 11000 again.

Both bullish.

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