benstarslang

10/8/2021 BTCUSD Price Action Analysis

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Dear diary,

Here is a rough sketch of some key price action targets that I'll be using as reference points for the following couple of weeks.
Clearly I'm quite bullish up to ~$50k, which I consider a key psychological level; succeeding this target, I hope to see some clearer support levels.

postscriptum: I might post a follow-up analysis testing this thesis against my MACD strategy.

Regards,

Ben

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