Look thru this BTC CME chart, cleaner than spot charts with no weekend trading...so...
Hints...
Look at Fibs (noted by red arrows)...Golden Pockets at 61.8%-65% Where will the last one take BTC now?
How many "W"'s can you find?
How many "Cup & Handles"
Note the
27K measured move off the Largest "W"
Oh and look at the upward "regression" trend line...BTC just touched to top blue, now where?? Back down to Center Red?
Lesson of the game...BTC will retrace to the Golden Pocket ater "High" is put in...
On spot chart it would be that and the Weekly 21EMA..
Both great price points to Get More BTC
Hints...
Look at Fibs (noted by red arrows)...Golden Pockets at 61.8%-65% Where will the last one take BTC now?
How many "W"'s can you find?
How many "Cup & Handles"
Note the
27K measured move off the Largest "W"Oh and look at the upward "regression" trend line...BTC just touched to top blue, now where?? Back down to Center Red?
Lesson of the game...BTC will retrace to the Golden Pocket ater "High" is put in...
On spot chart it would be that and the Weekly 21EMA..
Both great price points to Get More BTC
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.