NOTE: I am not an expert trader by any means, I am open input and sharing my ideas. I am still learning this is my second time.
*************************************
DAILY
Price is consolidating or ranging
*************************************
4 HOUR
- Price seen between support and resistance
(DOWN/BEAR)
- Parrallel channel seen:
---- its height is around 5000 pips. a little more. (that i was able to measure)
---- with this being the 3rd test to its bottom line,, still hoovering in the lower channel, which could be bearish. however, it is looking like a rejection (as it is loosing momentum, and a doji is forming and likely to close as so.
---- yet, the channel is sell/short pattern. so next few candles may come with the moment and still turn, to go down
*************************************
In contrast (UP/ BULLS)
- Ukraine is about to begin to use btc as its national assest and an answer for that is pending soon. ( price will go up b/c this is good for this pair)
- two fake-outs seen at support
- the channel could continue sideways and actually go up
- or the channel will soon be invalidated, moving up, breaking thru top channel line.
*************************************
Right now, most technical indications are neutral, a this time for this pair. So lets wait and see.
*************************************
Happy trading.
Open to comments and advice.
*************************************
*************************************
DAILY
Price is consolidating or ranging
*************************************
4 HOUR
- Price seen between support and resistance
(DOWN/BEAR)
- Parrallel channel seen:
---- its height is around 5000 pips. a little more. (that i was able to measure)
---- with this being the 3rd test to its bottom line,, still hoovering in the lower channel, which could be bearish. however, it is looking like a rejection (as it is loosing momentum, and a doji is forming and likely to close as so.
---- yet, the channel is sell/short pattern. so next few candles may come with the moment and still turn, to go down
*************************************
In contrast (UP/ BULLS)
- Ukraine is about to begin to use btc as its national assest and an answer for that is pending soon. ( price will go up b/c this is good for this pair)
- two fake-outs seen at support
- the channel could continue sideways and actually go up
- or the channel will soon be invalidated, moving up, breaking thru top channel line.
*************************************
Right now, most technical indications are neutral, a this time for this pair. So lets wait and see.
*************************************
Happy trading.
Open to comments and advice.
*************************************
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน