BTC: The Most Important Plot Point For The Coming Weeks
So BTC has finally blown through the 6.8K resistance with some nice volume. Now, thinking ahead, it seems to me that 7.7K will be the most important plot point in the coming weeks.
RSI is strong, Stoch allows for growth, MACD is ready for a bullish cross.
Most importantly (to me) is that the ichimoku cloud is giving 2/3 bullish signals. Just waiting on a close above the kumo, which happens to align with the key resistance level I talked about.
If we break this resistance we'll likely gain momentum to get up towards 10K. If not I think we will test 6.8K as support for a while.
Exciting weeks ahead. All eyes on BTC.
RSI is strong, Stoch allows for growth, MACD is ready for a bullish cross.
Most importantly (to me) is that the ichimoku cloud is giving 2/3 bullish signals. Just waiting on a close above the kumo, which happens to align with the key resistance level I talked about.
If we break this resistance we'll likely gain momentum to get up towards 10K. If not I think we will test 6.8K as support for a while.
Exciting weeks ahead. All eyes on BTC.
Comment:
Seems to be a lil' pennant building in the 15m chart
Comment:
Knock-knock-knockin' on heaven's door
Comment:
Not this time...
Comment:
Trying again.
Comment:
Strap yourself in
Comment:
Crunch time for BTC. It is not advantageous for us to fall below these support lines.
Comment:
7200 level being tested several times for new support
Comment:
What's it gonna be, Bitcoin?
Comment:
Okay :)
Comment:
Broke free from the triangle and knocking on the 7500 resistance again