BTC: Heads-Up

5 déc. 2019

BTC currently best viewed on 4H with a multi-week formation coming to an end. Watch out for RSI breakout above or below as your primary indicator.

TECHNICALS:
– consistently creating lower highs and lower lows
– RSI neutral currently
– MACD bearish
– ADX bearish
– Heikin Ashi neutral to bullish
– PSAR bearish

Going to 6k if broken below the triangle. A positive breakout above the triangle (and remaining above) could send it to 8.2k or further.

I will revisit this post continuously with updates through next week.

(lines and connections have been averaged using step-line over log for higher precision)

5 déc. 2019

Note

1H:

6 déc. 2019

Note