BitcoinLong
BTC & Daily 21EMA 2016 Bull Run
Look at BTC and how from Oct 2016 thru begining of January 2017 BTC NEVER CLOSED a Daily under the 21EMA...but did bounce off of it several times.
The arrow show where we are relative to 2016
BTC is due for a Daily 21 EMA bounce
Once it hits ATH it will retrace to the 61.8-65% Golden Fib Pocket
If you want to ride to the top, buy in at 13800 Daily 21EMA and rising...moving up daily so buy-in level will change
...or wait for the Weekly 21EMA Bounce in January
I see $21,500-$22,500 as a top-out point on this run..we'll come back next year and see if I was correct or not...
The arrow show where we are relative to 2016
BTC is due for a Daily 21 EMA bounce
Once it hits ATH it will retrace to the 61.8-65% Golden Fib Pocket
If you want to ride to the top, buy in at 13800 Daily 21EMA and rising...moving up daily so buy-in level will change
...or wait for the Weekly 21EMA Bounce in January
I see $21,500-$22,500 as a top-out point on this run..we'll come back next year and see if I was correct or not...
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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.