Currently neutral they have set up new zones to look at indicators to be wary of we’ve had a really good run but we did have an imperfect trend line which is just about to become a proper trend line with three points of contact that’s the 42K marker. Should get just under that actually but it may work out over once we’ve broken that and held that’s pretty much it we are looking at 50K probably next
However should the Connors RSI which is showing high oversold states in the higher timeframes if it doesn’t start the move down without the candles moving down we could be looking at a big drop soon hopefully a pull back and buys will jump into the market you will see this if the Connors RSI starts to move down at the candle is stagnant most likely sitting on a Fibonacci level this is a sign that they are hitting the market hard with buying i’m on able bitcoin to make another leg up.
Should this fail though and they continued to rise into the oversold area with the 200 SMA and 100 SMA In the road on higher timeframes
Also the MA’s have been showing some divergence
I feel it’s possibly an upward movement as there’s too much time left on the candlesticks in the higher timeframes should’ve they been closing in the next 24 hours to 40 hours I would’ve looked towards more of a bear movement but I feel bitcoin has the ability to make a larger move in the next five days and confirm sitting on support for the push the 50 K
Be aware that also in that five days we could end up getting a big week and the weekly candle and the monthly candle coming back to rest equal to the following ones
Best of luck all I’m neutral at the moment
Best tips I can give you review higher timeframes
Never trade over 30 hours straight without sleep and rest
Never seek targets of other traders discuss different indicators and then exchange your own work for some constructive criticism you won’t learn if you just seeking targets of other traders
In order to find good people to engage with find more to say then moon bull or doom or bear and actually provide a chat with a?
Also in regards to the chat room I have high functioning autism IQ of 140 top 3% of Australia’s smartest people in percentages that doesn’t mean anything really I process information differently than others and I also have dyslexia for the advantages of this gives me comes a great disadvantages as well so if you see me not spelling correctly or having trouble if you haven’t gotten anything more intelligent to say then pick on my spelling don’t bother engaging with me I left School about 30 years ago Yes that’s age 10 working full-time job till 12 paid for my education tertiary TAFE younger student in Victoria’s history the past electronic certificate one and two placed in IT at age 14 during that time I also played the stock market by tricking a broker in the believing I was adult made over 6000 or so over a few years in blue chip investments.
So before you go picking on somebody because you find a spelling mistake you might want to learn a bit about them first they could actually be a great help
However should the Connors RSI which is showing high oversold states in the higher timeframes if it doesn’t start the move down without the candles moving down we could be looking at a big drop soon hopefully a pull back and buys will jump into the market you will see this if the Connors RSI starts to move down at the candle is stagnant most likely sitting on a Fibonacci level this is a sign that they are hitting the market hard with buying i’m on able bitcoin to make another leg up.
Should this fail though and they continued to rise into the oversold area with the 200 SMA and 100 SMA In the road on higher timeframes
Also the MA’s have been showing some divergence
I feel it’s possibly an upward movement as there’s too much time left on the candlesticks in the higher timeframes should’ve they been closing in the next 24 hours to 40 hours I would’ve looked towards more of a bear movement but I feel bitcoin has the ability to make a larger move in the next five days and confirm sitting on support for the push the 50 K
Be aware that also in that five days we could end up getting a big week and the weekly candle and the monthly candle coming back to rest equal to the following ones
Best of luck all I’m neutral at the moment
Best tips I can give you review higher timeframes
Never trade over 30 hours straight without sleep and rest
Never seek targets of other traders discuss different indicators and then exchange your own work for some constructive criticism you won’t learn if you just seeking targets of other traders
In order to find good people to engage with find more to say then moon bull or doom or bear and actually provide a chat with a?
Also in regards to the chat room I have high functioning autism IQ of 140 top 3% of Australia’s smartest people in percentages that doesn’t mean anything really I process information differently than others and I also have dyslexia for the advantages of this gives me comes a great disadvantages as well so if you see me not spelling correctly or having trouble if you haven’t gotten anything more intelligent to say then pick on my spelling don’t bother engaging with me I left School about 30 years ago Yes that’s age 10 working full-time job till 12 paid for my education tertiary TAFE younger student in Victoria’s history the past electronic certificate one and two placed in IT at age 14 during that time I also played the stock market by tricking a broker in the believing I was adult made over 6000 or so over a few years in blue chip investments.
So before you go picking on somebody because you find a spelling mistake you might want to learn a bit about them first they could actually be a great help
