Update of may 22 chart - BTCUSD moving out March 12 // channel
Yesterday and today we have a trend reversal from 8.8k ( that was said a major support zone on earlier chart )
The VOL is real low around 45K / 2 days, and this look like a market manipulation,
current heavy sellers stopped for a time, and buyers are accumulating,
Question, where this gonna stop ? 9.5K 9.8K or 10K ?
and after , go back to 8.8 or lower ? I assume it will be lower ...
anyway , to break the 10.05 and 52-Week High 13,844 barrier, it must be a real change in the main BTC criteria
Miners ppols, Whales moves , Volume, TPS, #rate and Futures Vol and pricing ... for instance there's no sign for this ...
next support / resistance and interesting leves to watch
1-Month High 10,058.62
13-Week High 10,058.62
10,055.23 38.2% Retracement From 52 Week High
9,687.14 14-3 Day Raw Stochastic at 80%
9,516.28 Price Crosses 9-18 Day Moving Average
9,501.41 14-3 Day Raw Stochastic at 70%
Pivot Point 2nd Level Resistance 9,472.95
High 9,443.67 High
Last 9,416.75 Last
Pivot Point 1st Resistance Point 9,319.06
9,297.92 3-10-16 Day MACD Moving Average Stalls
9,282.74 Price Crosses 18 Day Moving Average
9,268.15 Price Crosses 9 Day Moving Average
9,236.12 Price Crosses 18 Day Moving Average Stalls
Previous Close 9,165.17 Previous Close
9,164.86 38.2% Retracement From 4 Week High
9,129.93 14-3 Day Raw Stochastic at 50%
9,063.14 Pivot Point
9,059.94 14 Day %d Stochastic Stalls
9,058.34 Low
8,944.86 3-10 Day MACD Oscillator Stalls
8,930.26 Price Crosses 9 Day Moving Average Stalls
Pivot Point 1st Support Point 8,909.25
8,888.78 50% Retracement From 4 Week High/Low
8,884.79 50% Retracement From 52 Week High/Low
8,787.60 14 Day RSI at 50%
8,758.45 14-3 Day Raw Stochastic at 30%
Pivot Point 2nd Support Point 8,653.33
NB: Smart people never bet more than they can afford to lose.
=====================
Trade at your own risk
This is just an idea about the current situation,NOT a trade advise .
The VOL is real low around 45K / 2 days, and this look like a market manipulation,
current heavy sellers stopped for a time, and buyers are accumulating,
Question, where this gonna stop ? 9.5K 9.8K or 10K ?
and after , go back to 8.8 or lower ? I assume it will be lower ...
anyway , to break the 10.05 and 52-Week High 13,844 barrier, it must be a real change in the main BTC criteria
Miners ppols, Whales moves , Volume, TPS, #rate and Futures Vol and pricing ... for instance there's no sign for this ...
next support / resistance and interesting leves to watch
1-Month High 10,058.62
13-Week High 10,058.62
10,055.23 38.2% Retracement From 52 Week High
9,687.14 14-3 Day Raw Stochastic at 80%
9,516.28 Price Crosses 9-18 Day Moving Average
9,501.41 14-3 Day Raw Stochastic at 70%
Pivot Point 2nd Level Resistance 9,472.95
High 9,443.67 High
Last 9,416.75 Last
Pivot Point 1st Resistance Point 9,319.06
9,297.92 3-10-16 Day MACD Moving Average Stalls
9,282.74 Price Crosses 18 Day Moving Average
9,268.15 Price Crosses 9 Day Moving Average
9,236.12 Price Crosses 18 Day Moving Average Stalls
Previous Close 9,165.17 Previous Close
9,164.86 38.2% Retracement From 4 Week High
9,129.93 14-3 Day Raw Stochastic at 50%
9,063.14 Pivot Point
9,059.94 14 Day %d Stochastic Stalls
9,058.34 Low
8,944.86 3-10 Day MACD Oscillator Stalls
8,930.26 Price Crosses 9 Day Moving Average Stalls
Pivot Point 1st Support Point 8,909.25
8,888.78 50% Retracement From 4 Week High/Low
8,884.79 50% Retracement From 52 Week High/Low
8,787.60 14 Day RSI at 50%
8,758.45 14-3 Day Raw Stochastic at 30%
Pivot Point 2nd Support Point 8,653.33
NB: Smart people never bet more than they can afford to lose.
=====================
Trade at your own risk
This is just an idea about the current situation,NOT a trade advise .