Cryptorphic

#BTC/USD Can we catch this move to $9800? Scalp trade setup.

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Welcome to this quick BTC update guys.
I think we will see a retracement to the $9400 level and after that we can see it hitting. the $9700 to 9$800 area which is plotted as Scenario 2 (S2) in the chart.

BTC is hitting the resistance again and again. Still at an indecisive moment.
MACRO Outlook: BTC Daily is still bullish until 9$9300 is broken. 200D MA is saving. the day everytime.

WEEKLY Outlook: We will wait for the weekly close. If BTC closes above the 10k level and makes a new high above 10500 we will enter a new phase of unstoppable Bull market for the next few years.

I will post a complete update after the weekly close.
Thanks for reading.

This idea is not meant to be taken as a trading advice please DYOR before investing.

Please hit that like button if you like this idea and share your views in the comment section. Also checkout my recent ongoing altcoin trade setups
.

#PEACE
Comment: SOPT ON!!!

Comments

Thanks.
+1 Reply
Cryptorphic dragansimic171111
@dragansimic171111, thanks for supporting
Reply
Perfect Analysis sir.
+1 Reply
Cryptorphic CryptoPatel
@CryptoPatel, Thanks mate.
Reply
good signal
now 1h falling wedge has brokeout
+1 Reply
@s_trade, It did.
Thanks
Reply
Thank you
+1 Reply
Cryptorphic skevin101
@skevin101, welcome
Reply
Thanks for update... 🙏
+1 Reply
@Intu, Welcome
Reply
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