CryptoC77

Bitcoin re-test 200MA! LAST CALL

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar

BTCUSD at 3D timeframe we can see clear is OVERBOUGHT
BTC tried to push through ichimoku resistance cloud but failed and now they need to retrace to gain some FUEL. We have a bearcross at stochastic and the buy pressure slowly going down.
Why is my target around 35-36-37xx? Because there is the 200MA weekly support line
In my opinion BTC was bottomed,but we need last shakeout before the run(probably late this year or early 2020)
**BTC can GO to 5400-5600$ and drop from there(fake-out) or drop from this level,will go down!
Comment:
Stochastic overbought
RSI broked LONG TERM DOWNTREND

we need a last shakeout before the real RUN
Keep in mind: From 200MA to 50MA->200MA once again last shakeout and RUN RUN RUN(late this year or so)

Good luck!
Comment: If you are agree with me HIT the LIKE BUTTON :D

Comments

I agree, it could melt down, but i believe we have to retest the 5.900-6000 region first .
+1 Reply
@amfeix, I HOPE for a 5,9-6k retest. :P
Reply
hmmm jeah... nice one
+1 Reply
CryptoC77 m4riovolp3
@m4riovolp3, Thank you!
+1 Reply
m4riovolp3 CryptoC77
Reply
CryptoC77 m4riovolp3
@m4riovolp3, i hope for a 5,4k++ to move into USD with a % from my btc stack
Reply
@CryptoC77 Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end
+1 Reply
CryptoC77 IgorPorokh
@IgorPorokh, Probably this will take few weeks at least untill 200MA
Thank you! Have a nice day
Reply
REKT
Reply
Thank you for the analysis.

Here is proof institutions have much interest in BTC.

Take a look.

This is beyond tech analysis this time.

Reply
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