Intermarket Bitcoin - Breakout or Failure Update
Today we will examine the intermarket analysis that we did 2 days ago and update the tally for bullish, bearish, and neutral indicators. First we will cover TOTAL, TOTAL2, BTC, and ETH. Lets have a look!
Here we have an overall view of the market and a lot of neutral indicators. Anything labelled retest still needs to happen. Once the retest occurs, we will be able to see a breakout or a failure. Lets give it a count!
Bullish = 2
Neutral = 6
Bearish = 0
Here we have an overall view of the market and a lot of neutral indicators. Anything labelled retest still needs to happen. Once the retest occurs, we will be able to see a breakout or a failure. Lets give it a count!
Bullish = 2
Neutral = 6
Bearish = 0
Bullish = 4
Bearish 4