TradingView
Aerot
Jun 28, 2020 7:14 AM

Back in Action - BTC/USD 

Bitcoin / U.S. dollarBitstamp

Description

Quick take from a different perspective than usual.
Crazy range since May chopping up many market participants.

Looking for an ultimate revisit of my 'range low' here around 8400.
Possible bounce to 9090 - 9200 then further down.
Looking for signs of support at 9100 for chance of further upside.

Will look to take a fresh macro EW overview soon.

Comment



Squiggle (a) - Resistance met at 9090 -> head toward range low

Squiggle (b) - Break above 9100 toward 9200 ->
(i) Break back down toward range low OR
(ii) 9100 becomes support, bounce higher

Comment



At initial resistance.

Comment

Tagged slightly under 9200 resistance target.
Watching 9100 for signs of support/breakdown now.

Comment



Support 9090-9100 potentially found.
Look for launch toward 9200 for confirmation.
More