Currently there is some bear div at the top of the previous pump on the hourly TFs so I am expecting a pullback. On the USD pairing, it looks near ready for a break out due to being near the apex of the falling wedge, additionally the stoch rsi on Monthly has crossed up. An area of confluence that I would look to long is .618 fib which coincides with the 50 MA.
FOR BTC PAIRING, REFERENCE
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH.
FOR BTC PAIRING, REFERENCE
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH.
Note
On the bittrex MONTHLY chart, it seems like a bullflag and being that it is the monthly TF, it makes me bullish longterm (expecting significant pullback in short-term)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.