Hey everyone,
Thanks for following me and the first chart I did had some nice traction which is great to see.
The Daily chart I posted 2 days ago where I held my Neutral BTC position worked out to be right, we didn't break above the key resistance level needed to break above to continue our run through past the $10,000 level.
I am expecting a pullback to the $8,780 - $8,800 region and I do overall stand bullish on this market although my short-term stance is bearish till we find support at those key levels.
As you will see on this chart we have tested the key resistance level at the $9,900 - $10,000 mark (psychological round number) twice on the 4 hour chart and bulls tried to hold it at those levels but got exhausted hence why we have seen this drop in price since the rejection to hold above.
There are 2 key buy zones I am looking at which you will see marked as Support Zones on my chart.
I think we definitely needed this pullback before re-testing the highs of $9,900 - $10,000 and i believe in the next 10 days we will be well above $10,000
Follow me on Facebook - Santos Martinez
Telegram - @Alpo_
Twitter - @Alpo_
Facebook Community - CryptoMafia
Thanks for following me and the first chart I did had some nice traction which is great to see.
The Daily chart I posted 2 days ago where I held my Neutral BTC position worked out to be right, we didn't break above the key resistance level needed to break above to continue our run through past the $10,000 level.
I am expecting a pullback to the $8,780 - $8,800 region and I do overall stand bullish on this market although my short-term stance is bearish till we find support at those key levels.
As you will see on this chart we have tested the key resistance level at the $9,900 - $10,000 mark (psychological round number) twice on the 4 hour chart and bulls tried to hold it at those levels but got exhausted hence why we have seen this drop in price since the rejection to hold above.
There are 2 key buy zones I am looking at which you will see marked as Support Zones on my chart.
I think we definitely needed this pullback before re-testing the highs of $9,900 - $10,000 and i believe in the next 10 days we will be well above $10,000
Follow me on Facebook - Santos Martinez
Telegram - @Alpo_
Twitter - @Alpo_
Facebook Community - CryptoMafia
