⛵It's been a choppy week in the least to say but happy to see my markings have done more than enough to speak for themselves and keep us updated as always! I know it's just markings but I'm just happy to see them work and prove themselves as always. Bitcoin dipped down to our marking of $18,690 which we've already seen hit a few times by now proving to be a pretty strong support and in fact we could even call it a trampoline for the effect it's proven a few times by now bouncing us right back up to our next mark of $18,966 and above so it's nice to see us only trend in that lower channel for a short bit before escaping and making our way back up to relative safety from sinking. Here's a shorter time frame chart to show things clearer.
⛵Like I said the markings speak for themselves and they speak rather well. Dipped down to that lowest marking before our bounce by which then we flew back up only then to bounce again twice touching out $18,966 point by which we established support from those two retest we did and in tune we managed to trend up as we'd formed a new mountain entry for our 200 EMA. It's crazy, I mean we lost that 200 EMA but recovered it rather quickly with Bulls really putting up a fight, especially when it was looking like we were about to sink. Now what matters is whether or not we can keep that bullish pressure and sustain our 200 EMA or if we'll lose it again by which then you'll want to look back at that $18,966 point again. It's been a real choppy week for the entire market but we can only hope that we'll get out of this storm soon enough.
⛵If you'd like to leave a like or follow it'd be much appreciated, I do my best to keep you guys posted and updated, even when I have a lot going on in my personal life I still give it my best and if there's ever a day or two I don't post, just know I haven't forgotten about you guys and I simply have a lot going on. That's why you can always check out my latest postings and simply click that play button to keep you updated on the action and what's going on! My markings are always there and never bite! So don't be shy to check in with them from time to time! Thank you and wishing well.
~ Rock '
⛵Like I said the markings speak for themselves and they speak rather well. Dipped down to that lowest marking before our bounce by which then we flew back up only then to bounce again twice touching out $18,966 point by which we established support from those two retest we did and in tune we managed to trend up as we'd formed a new mountain entry for our 200 EMA. It's crazy, I mean we lost that 200 EMA but recovered it rather quickly with Bulls really putting up a fight, especially when it was looking like we were about to sink. Now what matters is whether or not we can keep that bullish pressure and sustain our 200 EMA or if we'll lose it again by which then you'll want to look back at that $18,966 point again. It's been a real choppy week for the entire market but we can only hope that we'll get out of this storm soon enough.
⛵If you'd like to leave a like or follow it'd be much appreciated, I do my best to keep you guys posted and updated, even when I have a lot going on in my personal life I still give it my best and if there's ever a day or two I don't post, just know I haven't forgotten about you guys and I simply have a lot going on. That's why you can always check out my latest postings and simply click that play button to keep you updated on the action and what's going on! My markings are always there and never bite! So don't be shy to check in with them from time to time! Thank you and wishing well.
~ Rock '
