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TradingSargentAlpha
May 10, 2020 1:34 PM

If we can hold this Level we might be okay. Long

Bitcoin / U.S. dollarBitstamp

Description

8750 is going to be the level to hold, with monthly support here, if we can hold this for the close of weekly tonight, things could be looking good!

Next level of support is around 8200, for weekly support. either way if we can remain above these two levels, i will remain bullish in the long term.

That doesnt mean to say a break below 8200 will be "bad" for bitcoin, it just could lead to a much larger dump

Thoughts? hit me up on whats app +447564644164
Comments
CryptoComps
Ok lol we far from ok I’m waiting for 6300 and 5200 just keep things simple and put a fib from 4K to 10k it’s not rocket science plus inverse head and shoulder around 6000 🤦🏻 snm
TradingSargentAlpha
@lrkigforex, appreciate your input but less of the snarky twat attitude next time please;) if it was that easy everyone would be a millionaire haha. My strategy puts out 92% mate.
TradingSargentAlpha
@lrkigforex, hope you see your 6.3k. :)
TradingSargentAlpha
@lrkigforex, still confident?
CryptoComps
@TradingSargentAlpha, yep still waiting mate could even go to 11.5k first but hoping not hoping this is the start of the decent, slammed back down to the trendline for about the 6th time now, so waiting patiently for that to give way, its only a matter of time when it does worst case would be 5k maybe even dip back into 4k but theres an inverse head and shoulder that would form around 6200 -6300, who knows lets see what happens
TradingSargentAlpha
@lrkigforex, yes mate I'm with you now. I do think down soon for a retrace. How far or when Is the question! All depends on dumb money and the smart man! Good opinion!
gav213
@TradingSargentAlpha i agree but it is looking abit shakey at the moment
TradingSargentAlpha
@gav213, couldnt agree more mate! i dont mean to say that i think it will hold.. i still think we have downside to come.
gav213
@TradingSargentAlpha, i think 8200 then up
gav213
@gav213, where you from in the UK?
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