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Consensio: P < S MA = M MA < L MA
Patterns: Phase 7 hyperwave |
Horizontals: S: $3,580 | R: $3,673
Trendline:
Parabolic SAR: $3,862
Curve: Backwardation with 3.95% spread
BTCUSDSHORTS: Appears to be finding support at 21,300
Funding Rates: Shorts pay longs 0.0321%
TD’ Sequential: Price flip
Cloud: kumo twist
Average Directional Index: Still threatening to cross 20.
Price Action: 24h: -0,1% | 2w: -5.4% | 1m: -2.1%
Bands: MA at $3,750 which is in confluence with the bottom of the cloud
Oscillator: Still creating higher highs and higher lows
Summary: Over the past four days the price has not moved a percent. Even though that is the case we still got some significant changes.
Consensio is almost fully . The only thing left would be for the L MA to flatten / roll down. If we continue to consolidate below it for much longer then that is exactly what will happen.
The recently had a kumo twist and the Tenkan-Sen is diverging from the Kiju-Sen in a manner. It is fully .
The has managed to stay throughout all of that which is interesting.
Yet again the only important indicator that is telling me to be is backwardation and it is important enough for me to expect continued consolidation / a dead cat bounce as long as that is the case. The spread is wide which makes me things we are still a ways from reentering Contango.
Published at Sat, 19 Jan 2019 02:35:24 +0000
