These weekends give me more time to look at BTC chart from bigger perspective..
As you can see now we can test 12k levels. If we will get rejected here (very possible).
-> That could mean we will be in 10k-12k range for next 100-120 days. I always like bigger picture view because it is trading without stress..
After breakout of 12k we can see 14k fairly...
Okay guys so lets show you next TA based on price action.
I am always tryin to have BULLISH and BEARISH scenario.
And ofc now i have again both scenarios.
At time of writing this TA we are literally moving around important key level.
For almost every move there need to meet more conditions. What is happening now.
BEARISH SCENARIO:
This scenario is based...
As you guys can see this looks pretty dangerous now and it dont wants to stop that :D
What i wanna say is that we could not break under 8900 :)
Around 9000 is very strong support zone:
As i looked from higher perspective i have just noticed that we entered to make a handle of this cup what means little high volatile market and also it means it we can pump hard...
BTC is showing great performace but there are few things why i think it can go to 9550.
1. Rising wedge identified as you can see on chart
2. Huge sell walls around 10 000 level across all exchanges
3. It is weekend and there is no enough volume to conduct this pump and go above 10 000 and hold here
4. 9550 is strong support since we closed 2 daily candles above...
