Bitcoin
Largo

Hammer Candle initiated new buying wave

Actualizado
The exspected consolidation stopped near by the min fibo correction Level (tp1 former view) and a big bullish hammer candle was formed. Such a candle is a signal that the momentum is still strong bullish and the buying pressure is still given.
The Level to watch is now: 4500$
Breaking that Level should initiate a new buying wave up to 4.800 respective 6.000$!
Trading below 3.800$ means aiming the former BO-Level at ~ 2.900$

Former view: Is it time to short the Beast?
Is it time to short the Beast?
Nota
prepare for breakout! imagen
Nota
imagen
Nota
nxt 1 ? imagen
Nota
aha imagen
Nota
last resistance before we see the breakout..but watch the rsi, he is soon making a sellingsignal in this tf imagen
Nota
RSI! imagen
Nota
imagen and here we see the break out
Nota
kissing the bo-level imagen
Support and ResistanceTrend Analysis

Exención de responsabilidad