BTCUSDT 15 minute idea update

BTCUSDT did hit my lower target (red circle) and now has traded sideways somewhat predictably to pull the 200 MA into a horizontal position and begin the turnaround of this important moving average. It did attempt to move up off the 50 MA but this failed and it has now retreated back to the 200 MA to seek the reassuring support that it needs to make the next leg higher.

The vector and velocity should increase now and my feeling is that my upper target of 14000 range is very much still in play. After that I would expect some further consolidation before the move back up to the 20 K area. Happy trading...
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out