BlueHawk77

BlueHawk77 Updated 

If BTC manages to get back in this 5 years channel, its first target will be breaching the red resistance line. If it manages to do so, it may bounce back from blue one around 16.000 or start another journey to the sky. But eventually, it will come back to this channel. As always, this is not an investment advice, DYOR.

BlueHawk77

USD/TRY Testing FIB .786. A solid break above will continue the uptrend. Failure to break FIB .786 in around a day will pave the way to south. Taking Central Bank interest rate decleration into account, first option seems more likely.

BlueHawk77 Updated 

The storm I mentioned below came early. (Almost right after I posted my comment.) We are once again on FBB 0.5 (11.848). Another failure to break and stay above this hurdle may demoralise the bullz and pave the way to downside price correction. On the other side, solid break and stay above FBB 0.5 will transform this hurdle into support for the attack to the...

BlueHawk77

In a timeframe which is less than a day, price will break symmetrical triange, probably to the north but as well may break to the south depending on the confidence of the bulls against bears.

BlueHawk77

Journey to the north continues with 4 of the 5 targets I mentioned below is breached without downside correction. Now fibo .382 (11.347) is in progress. As mentioned below; MA 100 (11.138 and rising), EMA 200 (11.088 and rising), Fibo .256 (10.728) and MA 50 (10.592) are now all supports. So far so good...

BlueHawk77 Updated 

Resistances on the way; 10.728 > Fibo Retracement 0,236 ~ 10.650 (Dropping) > MA 50 ~ 11.100 (Dropping) > EMA 200 ~ 11.295 (Dropping) > MA 100 11.347 > Fibo Retracement 0,382 These resistances will be immediate suppors as BTC pass each of them, so no need to indicate any supports ;) Go bullz ! :)

BlueHawk77 Updated 

Will it follow green trend line once more or head south following the red ?