BTC/USD - Daily and 12h - Potential bottom

Daily
-Spinning bottom candle (bull)
-RSI broke out resistance trendline, then retested with success

12h
-spinning bottom following by hammer (bull)
-heikin ashi smoothed went green (bull)
-RSI trendline not broken out yet


Resistances to pass :
-10400 (pMonthly pivot)
-10600 (POC)
-11000 (high + """POTENTIAL""" iH&S neckline) (a pattern is not a pattern until it's validated)

Zones to support :
-10100 (local POC + Daily pivot)
-9750 (previous W candle opening)

POC = volumes Point Of Control (where the most volumes were exchanged on horizontal levels, you can see it thanks to the VPVR tool)


Thank you

Commentaire:

Global POC just switched from 10600 to 10100 !!!
10100 support is now more important than 10600 resistance

Commentaire:

Price was rejected after resistance after a short term bounce
This scenario was obviously canceled when price went under 10100 and 9700

Commentaire:

Check it out ! :)

www.fxleaders.com/forex-signals/