9200 came true, what next?

Good Morning everyone;

My yesterdays prediction for 9200 came true, in this one I want to show what could be next?

Today 28 May 2020,

BTC on the Daily chart is looking pretty interesting, there are lot of things happening here and I would like to take them one-by-one;

1) EMA setup: AS per the major MA setup BTC is looking bullish. It managed to take out the 21EMA yesterday, and now trading above it comfortably. BTC is also trading above the 10SMA on Daily.
2) BB: As per the Daily BB, BTC still have some work to put in, it is being resisted by the BB-mid line. If it confirms the break above this line then there is not much stopping it to rise to 95xx area, while if it confirms resistance from it then we could see BTC back to at least 88xx area.
3) Shepherd: Daily shepherd is looking good, *For Now* it is finding support at 50% fib and showing signs of curving back up, but we have to wait for the daily close to confirm this.
4) SR levels: As per the horizontal SR levels if you plot monthly pivots then it is pretty clear that BTC is getting held by R1 level, if BTC fails to break it then it will put in another ‘Lower high’ (LH) which is not a good sign for bulls. Once again, we need to wait for daily close to confirm this.

*Conclusion*
As long as BTC is holding support at 21EMA on Daily TF, I keep trading with bullish bias;
2 key levels on lower and upper side are 9059 and 8705; and 9315 and 9800 respectively. These levels can be used to enter or manage the trade.


FYI: I put out a long trade setup yesterday in my discord, we played this one for nice 200$ move. Check it out for yourself.

Consider joining? Discord is free to join...
Happy and safe trading...
Chao...