without_worries

BTC vs USD - Gravestone DOJI

Short
without_worries Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
Last candle on the 4-day chart above just printed a Gravestone DOJI candle. She's going down captain.

First test will be $10.5k, however I don't expect it to hold. A test of the 21-week moving average is more likely, which is currently around the $8k mark. The 1-day chart below suggests we might see support on the RSI support trend line (orange line) by August 23rd, which would cause price action to retest $12k.. again. But I think we now know if we were going to break $12k with conviction we'd have down it already, and with volume.

Commentaire:
1-day chart without price action. Circled in orange is the 10-day crossing down the 21-day moving average.


Here is the same picture now with price action - see what followed?


BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.