Hey guys, I'd like to present a potential bullish idea for BTC for the next two weeks. You can find a summary below:
4hr timeframe - potential TK cross recross above the cloud here, the strongest bullish TK signal out there and worth definitely keeping an eye out for.
This will allow us to break through the current resistance trendline and re-test the 0.618 fib...
Hey guys, as explained in the video, I feel there's great potential for a large BTC move within the next couple of weeks. I miss-read the chart at the end owing to the pressure of time, the correct support levels I highlighted were 4300 and 5500.
As always, ideas and feedback are welcome.
As always, there's likely something I've missed so feel free to leave any comments below! Apologies, it's my first video and I ran out of time slightly at the end.
The ending is supposed to mention the lower edge support level which matches up with the previous 8200 support zone. From there we can ride this zone up the pitchfork before re-testing the pitchfork...
Potential Buy zone
Potential pullback channel:
Ichimoku still looking good on the 4hr timeframe, has been hugging the pitchfork channel well the past week and a bit, however we're in the over-bought/pivot zone, so some strong resistance could occur, suggesting price could swing back...