D7R

Bitcoin (BTC) • In light of DCG troubles PA looking good.

Long
D7R Updated   
BITFINEX:BTCUSD   Bitcoin
Alright. Some positive PA going as we break above the 17.1 key range.

One thing that is looking weird thou is Volumes so keep that in mind as moves are not getting backed by volume.

While we sustain the above 17.1 it we are in bullish territory and I'm assuming a potential target of 23-25k despite the big important 19-20k technical range as the books seem not ready to defend.. (remember to think in probabilities, not certainties.)

In between that several resistances to pay attention to as well as the underlying trend basis to help de-risk based on time-time.

In this video, I go through the future data and orderbook overview, as usual, to make it more interesting and educational.

Hope you have a great week folks!

Comment:
Momentum & trend looking very good.
Comment:
Pushed updated video here:

Comment:
$BTC trend and momentum still intact.
pullback into 21.8 natural bidding zone. Extended push can get into 21 or 20.8 range. before marking further up.

D7 Score:
BTC: 2H( ⚪️ ⚪️ ) • D( 🟢 🟢 ) • W( ⚪️ ⚪️ ) • M( 🔴 🔴 ) - JAN20

D7R
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