These are 12-hours and 3-day time frame charts.
There're conflicts on signals they show.
3 day chart shows a downward MACD cross under "0" line. It's strong signal implying a falling could happen.
Lower Bollinger Band which is around 6700$ could be the target.
12 hours charts show an upward MACD cross accompany a MACD divergence.
Upper Bollinger Band which is around 8800 could be the target.
Signals from which chart is true and which chart is false.
Let give your ideas and analysis.
The correct analysis and prediction will receive a good reward in SPICACOIN.
My guides and strategies will be given next 24 hours.
Anyway, who followed my latest recommendation wins 20% profit when starting 5x BTC long at 8080.
Until now, we can see that 12-hour chart shows very good bullish signals that results a correct prediction.
However, it's not the right time to confirm that signals from 3 days chart is wrong. It takes 3-6 days more for a clear answer.
So what makes signals from 12 hours chart overtake those ones of 3 days chart?
The correct answer is "patience".
2 situations to wait:
- If bullish signals from 12 hours chart is wrong, we wait until it shows bearish signals. Then, it's the right time to short (short-term).
- If bullish signals from 12 hours chart is correct, we wait until signals from 3 days chart turns from bear to bull. Then, it's the right time to long (long-term).
