BTC Updates leading indicators Vs price action

in #mgsc7 years ago

btc.JPG

At present BTc looking good but still not stable at this moment its best Buying call . if BTC 0.23% retraces from this trendline there would be an intermediate fall confirming hidden bearish divergence on 4H..if it brokes --it would going to fly to 6430 .

After checking out all the leading indicators Vs price action , on almost every time frame . 6170-6210 is construing as big support on smaller time frames 1H,4H .
on daily chart a retest of this zone is going on, supported by STOCHRSI bottoming out . RSI is also retesting the supportive trendline which created the bullish divergence . if 6100-6130 not broken & RSI wouldn't break this supportive trendline .we may see a nice jump from mid next week .
taking whole crypto market in a rally kind of scenario .

Sort:  

I hope this happens

Hopefully it will happen

Nice informative post bro.
Let help each other and upvoting the posts.

Posted using Partiko Android

very good explain