Bitcoin Penetrated My Ear(Rings) & Tapping My Shoulder XD
Updated
I signaled to buy at my 8900-ish purple trendline. Mentioned minor resistances and our target was 9400-ish. I drawed this for fun and it played out surprisingly well :) So my plan is next! Cuz we reached our short term target i sold a small amount but majority from this trade still holding. At least until we are above some support lines. Supports are for a short term trade: you have the 20 MA support currently at 9278 usd (1h chart) on the 4h chart you have 20 MA currently at 9190 usd. Between are some minor trendlines that could act as short term support.
For a longer trendline (the line that i bought at 8900-ish is now higher at around 9050/9060 and moving higher. That is more important line for the short term. Our next targets 9520-ish. Next, the blue trendline . Next one is 9730-ish. And 9890-9930-ish. Or you can just check my lines that can act as a resistance. I will update changes. If you like my trades and updates please hit the like button!
For a longer trendline (the line that i bought at 8900-ish is now higher at around 9050/9060 and moving higher. That is more important line for the short term. Our next targets 9520-ish. Next, the blue trendline . Next one is 9730-ish. And 9890-9930-ish. Or you can just check my lines that can act as a resistance. I will update changes. If you like my trades and updates please hit the like button!
Note
I'm glad i decided to hold majority from this trade. We reached all the targets i mentioned before. Only 1 more to go.Note
We are very close to our targets. If you're not holder and want to sell, you can consider selling some amount at the 9900-ish. I will sell a small amount and still hold. The 9910 (bitstamp) was very important line before where btc formed to major tops so it could act as a resistance, we will see. Also 10.000 is psihological number so i think around 9900 usd is reasonable target to sell a small ammount. If we pass 10.000 we have some trendline resistances, currently between 10.100 and 10.300-ish (currently)Note
We hit our target almost perfectly. It sure did act as a resistance, droped fast almost 300 dollars. This 9910-9930 area is a solid one to watch.Note
Note
new idea
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