BTCUSD Analysis
Updated
What's good everyone, Here is what I see for bitcoin at the moment. Using my strategy on the chart I'm looking for double 4hr zone to hold as a support area ( pink dotted line ). The furthest I can see it can go is the weekly zone ( purple dashed line ). Once it shows support is in, I'll be looking for it to break & close above the monthly zone ( green dashed line ). To confirm the push to the upside , I would like to see it continue to push up towards the double daily zone ( blue dashed line ). From there it's a clear push to the next weekly zone. Hit the Rocket if you agree this could be possible. Thanks everyone
Comment
As of right now it's still fighting the double 4hr zone ( 64.501 & 64.551 ). Let's see if we get a push off the zone to the upside.Comment
Nice, We just about made it to the weekly zone ( 63.532) , I figured if the double 4hr zone could't hold, that the furthest we would go down is the weekly. Currently looking for a break above the daily zone 65.229, I could see a retest at 64.000 but that if we break back below the double 4hr again.Comment
Welp that didn't play out as planned, All good that 65.069 level was much stronger then expected. Currently looking for a break above the double daily 67.179 & 67.223Comment
This thing doesn't look bullish yet, We might be seeing another test of the monthly zones 58,555 & 56,711. 56,711 would be a good area to hold and bounce back. The furthest I can see is 53,219 monthly zone, If we got there, I would be hanging on by the edge of my seat lol.Comment
Time to hang on to the edge of my seat lol , Is this it ??? Is it time for take off past the all time now ?? Major dip straight into Asian session. Sunday's are wild
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