MrClock

Bitcoin - Next resistances, week vision

Long
MrClock Updated   
BITSTAMP:BTCUSD   Bitcoin
I have now opened a chart idea, with a bullish channel in the weekly range.

The next candidate for resistance is in the 37k region.

I sold a portion 1/3 in the 29.5k region and did not find any more buyback opportunities.
I'm still bought with 2/3 bitcoin.
#HOLD
Comment:
Possible formation of Double Top or Head shoulder at BTC, good point for sale with short stop at 35k.
As I already sold 1/3 in 29.5k, I will not sell anymore for now

Comment:
New fibo level reached 🎯

I still bull with 2/3
Comment:
With the closing of the h1 candle above the previous top, I decided to buy back the bitcoins in the region of 37,600, the goal is to hold these at least up to 46k or 50k with a proportionally shorter stop.
I'm back with 100% bitcoin

Comment:
It is very important that the price continues above $ 30k to continue rising, as this will not activate the head and shoulder figure, a strong reversal figure in previous moments, including the 20k at the end of 2017.
I continues 100% bought

Comment:
This is the most likely move for Bitcoin, which will take us to the $ 50k region, which is in the fibo extension of the bull flag pattern
Comment:
We had a very strong retreat after the pump, if we lost all the candle that generated the bullish force in the region of 32,000, it will be very dangerous for bitcoin
I'm still 100% bought
Comment:
Price working hard at the limit, there are already 2 touches in the old LTA
The spike left by the h4 candle in the decisive 32k region is hopeful for bulls

Telegram group: t.me/heavensignals
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.