R0aZ

R0aZ Updated 

Hi, I'd like to present some variations i've made of the Awesome Oscillator. FIrst of all, i'd like to remind you what is the Awesome Oscillator : "The Awesome Oscillator is an indicator used to measure market momentum. AO calculates the difference of a 34 Period and 5 Period Simple Moving Averages. The Simple Moving Averages that are used are not calculated...

R0aZ

Struggling to pass the 7200$ resistance, the end is near for the E wave. If BTC goes to $7500+, then it will invalidate the pattern, as the 3rd wave would have a smaller amplitude. Nonetheless, RSI is clearly showing signs of overbought. MACD crossed 3 or 4 days ago but can be taken into account as it does not had enough momentum. In conclusion, solid short for me.