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D7R
Jan 9, 2023 1:03 PM

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

Bitcoin / DollarBitfinex

Description

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
Comments
TradingView
This has been featured in Editors' Picks! 100 Coins. Remember 100 Coins = $1.00 in TradingView credits toward plans with more coming soon.
D7R
@TradingView that’s cool 👌 😎 thanks 🎉
StewySongs
👌👌👌
yeekub420
What are your chart colors
emusketst
What are the chances of 9k long term?
D7R
@emusketst, no idea. But there is a chance.
Soheil98m
👌
amirreza13851385shokrzadeh
Wowwww
wardaK
Excellent!
PalenTrade

Check out my analysis. "I think bitcoins bottom is in"
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