ChartsOnTime

BTC finally arrived to my last target since January

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
COINBASE:BTCUSD

It has been a long time since I posted about btc . I honestly didnt see the need to post because the rally was obviously stronger than many people thought. Heck even I was socked by it. My last target was 9987$ but btc know how to drop the jaws of many.

This is where I stand today with btc .

Weekly looks strong, daily came close to weak at 7.4k. Monthly still a little bearish and I think it will play an important role in the next few months.

I will continue to hold my trades till the daily shows some weakness, and as of now there is no clear target on the new high to be honest.

I have a lower price in mind based on the daily and it is 7.4K. first would be 8.9-9K should act as temporary support. As I have said before, I am no shorting this market. I just prefer to be on the side of the trend.

Good luck and trade with caution.
Comment: just some charts along the way.


Could you please make an update as of now? Uncertain territory for BTC and I, like many others, would love your input. Thank you.
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ChartsOnTime CryptoDann
@CryptoDann, I have a buy order at 7.5k and 7.8k. I dont see it going back up. Once we hit those targets I will have to see if it has any strength to continue up or where it will go.
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CryptoDann ChartsOnTime
@ChartsOnTime, Thank you for your input! Any long term estimates since you are letting us plebians pick your brain? :)
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ChartsOnTime CryptoDann
@CryptoDann, I still have a lower target. Volume still low so any small size order would trigger a pump or dump. I am not in a rush. As far as I am concerned, this could take years to take a positive direction. Remember the 6k bottom? lol well we had a 3k test.
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CryptoDann ChartsOnTime
@ChartsOnTime, very true, I was thinking consolidation could take quite a bit as opposed to a straight spring upwards from the bottom - thank you for your thoughts on behalf of everyone watching
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ChartsOnTime CryptoDann
@CryptoDann, you bet. patience is key. trading is for those who can have fun doing other things lol
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plz check my share ideas on treading view
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