wowitstony

What If Scenerio for #Bitcoin, A Macro Wedge with Support 200MA

BITSTAMP:BTCUSD   Bitcoin
Well, I am a PA Trader and usually dont use MA and Patterns, But MA 200 and Trend lines are one of the most important indicators & Tool I have learnt as a beginner. Trading Asset like Bitcoin is not that easy to trade depending on only these 2 but MA 200 is something which has always played in Bitcoin History and something which we cant ignore. Hence Here I have a What If Scenario using Trend Line, A big Triangle, MA 200, Key Level of $7100 with Fibs and using Market Liquidity to find a best Support area with Diagonal Support of Trend Line, hope you like this but this is something which I have in my mind.

I have used log chart for this.

For any suggestion plz contact me on Telegram : @wowitstony or Twitter @ChartsofTony

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DM : @wowitstony
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