BTC - Where to from here?
Monday 11th April 2022
BTC 12 hour chart
We have a perfected red TD 9 count with a buy setup - gold diamond
TD support is currently at $40,161.00
TD risk is at $40,,983.00
TD count has not restarted
A good area to buy would be in the $40,983.00 to $41,599.00, with low ball buys at the lower Fibb line of $38,531.00. We probably do not want to see it close below this level on a daily or weekly scale.
Short term profits could be taken at the Upper Fibb 1 and 2 levels of $46,867.00 and $48,310.00, noting TD resistance at $48,192.00
It looks like MACD has bottomed out and is starting to turn positive, hopefully turn green by 24th April
Volume and Price Oscillator by Neobutane has just flashed a buy signal.
Let' see what transpires BTC Bulls.
BTC 12 hour chart
We have a perfected red TD 9 count with a buy setup - gold diamond
TD support is currently at $40,161.00
TD risk is at $40,,983.00
TD count has not restarted
A good area to buy would be in the $40,983.00 to $41,599.00, with low ball buys at the lower Fibb line of $38,531.00. We probably do not want to see it close below this level on a daily or weekly scale.
Short term profits could be taken at the Upper Fibb 1 and 2 levels of $46,867.00 and $48,310.00, noting TD resistance at $48,192.00
It looks like MACD has bottomed out and is starting to turn positive, hopefully turn green by 24th April
Volume and Price Oscillator by Neobutane has just flashed a buy signal.
Let' see what transpires BTC Bulls.
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