Bitcoin reached our target. What are the next targets? We are in this trade from 8900-ish purple line. Bitcoin tapped my shoulder and penetrated through my ear(rings). Now it climbs on top of my head. Warned to sell some before 9910 and when it reached only 13 dollars higher (9923) usd it droped like a rock to 9680-ish.
What now? I sold only a small amount. Still hoolding majority from 8900-ish trade. I will hold until we have support lines holding. The first support for the short term is our 9700-ish trendline. There is also 20 MA on the 1h chart currently at 9770 but is climbing higher aproaching 9800. If that 9700ish area doesn't hold we have trendline support currenttly at 9460-ish to 9500 and 20 MA on the 4h chart climbing, alnmost at 9400 usd. Our targets are, first 10.000 can be a psihological line. So before 10k (9960 to 10.000 usd) to watch out how it reacts. If it pumps through and if pumps today, i would say that we have some resistance trendlines at 10.100-ish 10.300-ish. The 10.300-ish is more important. Next 10.900ish and 11.600-ish, but some of these targets can change so subscribe and follow changes and updates. If you like my work please give a like! Thank you!
What now? I sold only a small amount. Still hoolding majority from 8900-ish trade. I will hold until we have support lines holding. The first support for the short term is our 9700-ish trendline. There is also 20 MA on the 1h chart currently at 9770 but is climbing higher aproaching 9800. If that 9700ish area doesn't hold we have trendline support currenttly at 9460-ish to 9500 and 20 MA on the 4h chart climbing, alnmost at 9400 usd. Our targets are, first 10.000 can be a psihological line. So before 10k (9960 to 10.000 usd) to watch out how it reacts. If it pumps through and if pumps today, i would say that we have some resistance trendlines at 10.100-ish 10.300-ish. The 10.300-ish is more important. Next 10.900ish and 11.600-ish, but some of these targets can change so subscribe and follow changes and updates. If you like my work please give a like! Thank you!
Comment:
It looks like bitcoin made a pause here at te weekly ichimoku resistance at around 10.180-10.200
Comment:
I see the first signs of weakness. Btc is curetly below 20 MA on the 1h chart. we should wit how the candle closes. If i stays bellow (currently around 10.756 usd) it's short term risky to be in. At least some small profit to take, uless we get back above this line. 1 minutes to close the candle.
Comment:
I miss-typed, sorry. Currently below 10.756-ish to watch. If we stay below it, take at least somee profit here, unless we get back above it.
