Hello im fairly new to TA so any suggestions are welcome!
I saw a bullish Div a while back I did not enter any trade on btc but its what i was studying before making a decision whether to buy alt coins or not. I did not get in at the lowest point but thats okay.
Positive indicators:
Resistance at 6800 was finally broken where the neckline was drawn also!
Macd Cross over
StochRSI cross over
Bollinger bands target on weekly chart (middle band) also aligns with the 7670-7700 area of the h&s formation target
If we are able to break that resistance we will keep going up. However if we dont get enough momentum I see btc going down again!
Please comment/ like if you agree with my analysis :)
All investments have risk please DYOR before and only invest what you are willing to lose.
I saw a bullish Div a while back I did not enter any trade on btc but its what i was studying before making a decision whether to buy alt coins or not. I did not get in at the lowest point but thats okay.
Positive indicators:
Resistance at 6800 was finally broken where the neckline was drawn also!
Macd Cross over
StochRSI cross over
Bollinger bands target on weekly chart (middle band) also aligns with the 7670-7700 area of the h&s formation target
If we are able to break that resistance we will keep going up. However if we dont get enough momentum I see btc going down again!
Please comment/ like if you agree with my analysis :)
All investments have risk please DYOR before and only invest what you are willing to lose.