ElliotP13

ElliotP13

50 day/200 day ema

ElliotP13

Above all important Moving averages, looks like a retest of 9500/9550 firstly

ElliotP13

Could be fake out or short lived golden cross, but 50/200 ema just made a bullish cross

ElliotP13

50/200 day ema. What will happen here with these ?! Lets see

ElliotP13

Golden cross on the daily approaching.

ElliotP13

Is this golden cross valid? What about this double top on the daily rsi?

ElliotP13

Price action is up above 21 monthly moving average and in the past, every time we have closed above the 21 monthly moving average we have seen big moves to the upside from bitcoin. Question is will we see bitcoin repeat history? Take a look at candle bodies and then price action every time we have gitten above the 21 on the monthly...

ElliotP13

Rsi on the daily at 74

ElliotP13

Now a golden cross on the daily would be great :)

ElliotP13

Death cross on btc is done, but i am anticipating a move to $8200 to test the 200day moving average.

ElliotP13

Tentative support here at 7650 on the Monthly, once this is broken 6400 will be tested again. For now we have support here

ElliotP13

BTC has jus retested support on the Monthly at 7650, looks like it could be a tentative double bottom for now. A break below 6400 would imply further downward price action.

ElliotP13

4hr

ElliotP13

Bulls need to fight here to maintain bullmarket status. Daily death cross on the horizon if we can manage to get back above the 50day.

ElliotP13

Death cross on the 4 hour in full play @cryptobob

ElliotP13

As of now we are trying to hold support at the 21e on the weekly, just below is the 200ema, and in red is the 50 day above. Big bearish candle here on the weekly. Our weekly close here is important, I am leaning towards big shorts here.

ElliotP13

Bearish engulfing candle on the monthly. We were unable to get above monthly resistance, wherr yellow line is drawn across. Think we will see more downward movement up ahead. Monthly will be closing sunday! Big opportunities for shorts ahead, if candle will remain bearish!

ElliotP13

21ema on 3day tentatively holding