Chefrusty

2DAY GOLDEN CROSS IN PLAY

Long
BITSTAMP:BTCUSD   Bitcoin
2 DAY AND 12 HR GOLDEN CROSSES...Marked by the little Black Arrow...Soon to add the Daily Golden cross this week! Play with the Chart, BTC fell back to the previous formation the bottom of the flag is now resistance, back below the major 3 year Triangle trend in Red. Weekly could not close above 3 year trend line and may back-test the Golden pocket on the Fib 61.8-65%... to $6K... right around the 200EMA & 200MA...black and red horizonal rays.... then all the supports around $8k before that...And don't forget...the CME GAPS at 10K and 11800K, so....

which way will BTC go ???
Maybe up?
Maybe down?
Maybe sideways?

All we know for sure is it won't go backwards! ...lol

Bull Long Term

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