ethereal88

ethereal88

We had a bullish T-K cross on the daily as well as a bullish flag pattern. Price is currently above the cloud and the cloud has flipped green. 200-week MA shown in orange.

ethereal88

We had a C-Clamp formation and pullback in price. I expect the 200 WMA to hold as support followed by further uptrend continuation.

ethereal88

We had a pull back in price in anticipation of the FOMC meeting which caused a bearish TK Cross. Price rallied after the news and the TK re-crossed Bullish. Price is currently above the cloud. Black line is my long entry at $22.9k.

ethereal88

Bullish cloud and TK Cross. Price also re-tested top of cloud.

ethereal88

Bitcoin has broken out above the 200-Week Moving Average (orange line) and also re-tested it as support. Price is currently above the cloud riding the Tenkan, hopefully higher timeframes will follow.

ethereal88

The bears have won, for now at least.

ethereal88

Rally to 1.618 fib, $28.8k

ethereal88

Bullish support near 50-day moving average.