My experimental stop-loss indicator says its time to set a stop-loss. It appears BTC may be moving from a period of expansion to contraction. I can see potential consolidation for the next 15 to 30 days.
No real expectations here. Just some possibilities to play around with.
Very tight squeeze. Not a bad time to start buying spot. But, IMO finex still looks pretty heavy on margin longs.
I hate BCH but it looks ready to breakout.
It appears the bitcoin dominance is ready to break its latest trend line.
I haven't really been tracking my breakout signal on the bitcoin dominance chart. Normal on an inverse chart this would be a short signal. It may be a decent time to start looking at some of the high volume shit coins unless the breakout is rejected.
Bitcoin has been hodling its value relatively well. It may be ready to start functioning as a true currency.
Not really in to drawing triangles, but here is a possible symmetrical triangle pattern. We may see a breakout between late AUG early SEP. Lets see if this works.
Volume consolidation on the weekly TF looks interesting. Lets see how this plays out over the next 30 weeks.
BTC should print a new yellow breakout candle soon. If it breaks the yellow setup I expect a target of 11470.
Possibly reclaiming a trendline previously broken.
6H has a lot of bullish signs. Just waiting on a breakout signal.
IMO bitcoin may be consolidating until mid august.