In my last update I speculated an inverse head and shoulders to play out while being trolled because "They" were waiting for 39k and 40k level.
I've said this before not just the charts but it's also important to understand psychological aspect of BTC
s price action.
Like what could possibly be the next move of BTC while everyone is thinking of buying BTC at 40k...
This is a short update and a folowup to my previous BTC chart which is going exactly as planned.
BTC brokeout of the important 50k resistance and is ready to reach $54k+ and eventually above $63k.
All we need os a retest to the 49.5 to 50.2k level where you can consider an entry if you haven't entered yet.
I've already said in my updates to accumulate longs below...
Hello guys, Welcome to this update.
BTC broke above the important resistacne Level around 7890.
It also broke above the 85D EMA (Purple line) in the weekly chart which is a very bullish sign as of now it is trading around 8130 area and trading just above the middle Bollinger Band(orange) level. It's highly likely it will try to reach the top BB line within the...
Hello everyone. Thanks for coming by to my new Update on BTC.
#BTC seems to be going a bit sideways for the next few days.
The long term lower trendline support turned resistance is now broken and could easily work as a support.
Other Important Support Levels: $8700, $8300 and 7982 which also happens to be the 200D MA.
I think if we can break above the Orange...
