BTCUSD Bitfinex

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Weekly & Monthly chart comparison

Not an advice or something like that.
Just kind of diary. ;)))

I think there are many traps on this crypto market.
- indicators divergences
- MA death corss...
- Fibo rates.
- Support & resistance
- patterns
- candles
There are bunch of traps and even there are traps for traps. k
Take care

*Weekly : Very bullish
- Price is below on its long-term upward fibo channel 1
- Price is above on its short-term downward fibo channel 1
- Indicators shows very obvious hidden bullish divergences
- Short-term fibo circles shows that something will happen soon.(not sure on BTCUSDs direction yet)

*Monthly : Quite bearish
- Price is below on its long-term upward fibo channel 1
- Price is above on its short-term downward fibo channel 1
- Indicators shows hidden & regular bearish divergences
- Long-term fivo circles shows that something will happen soon.(not sure on BTCUSDs direction yet)

Take your own risk & get some money.

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ملاحظة

100 day MA is quite strong. Lets see its support.

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100 day ma

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ملاحظة

Indicators