On the daily chart there is a hidden bearish divergence (orange lines). HBD is defined as lower lows in price action with higher highs in the oscillators.
Additionally price action has entered the Gaussian strip following a bullish period, just as in March of this year. (orange circles)
The two targets on the daily chart I'm looking out for are:
1) $285
2) $210
I'm aware the 21-weekly EMA is higher but that does not mean price action cannot fall through as before in March during the week.
Additionally price action has entered the Gaussian strip following a bullish period, just as in March of this year. (orange circles)
The two targets on the daily chart I'm looking out for are:
1) $285
2) $210
I'm aware the 21-weekly EMA is higher but that does not mean price action cannot fall through as before in March during the week.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
"HBD is defined as lower highs price action with higher highs in the oscillators"