BTC

By NeverNO

Updated

first TP $10282

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i show the picture now in log scale

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for those who are still awake...

youtube.com/watch?v=SAkUFT9Agv0

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for more bullish trend we need to see break above 9400 (daily) ... but not below 9035 ... that would be negative and could lead to lower prices

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BTC has difficulties with my green line

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8517 done

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sunday, after midnight I go long ...

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in my main chart above, i have provided 3 levels (red lines) for the pullback ...

- the first @ 8517.1 is done
- the second @ 8323 is coming soon
- the third is @ 7978.7

i keep that price in mind for a long entry

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he has not yet reached the TP @ 10282 (announced in april) and that was the minimum higher preis which has to be taken ... therefore as long as i do not see this TP i am set long ...
i think BTC corrects in the b of the 1 and for this correction already 8273 would be totally suffice ...

but if it falls below 8273, then as a precaution, i concentrate on something deeper ... namely between the thick red line (8207) and 7978 were could be the deep for the next week / between 50% and 62% fib /

and for long i focus on the first target @ 9529 ... then higher
if i'm not right, then..... the thick red line @ 6893.9 is on the agenda

Note

daily cross KIJUN SEN / TENKAN SEN = bullish
Conclusion: KS = support

NeverNO

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