BTCUSD short for now

6 Nis 2020

BTC hitting strong resistance @ 6900 USD

Testing resistance around 7200 USD multiple times

Death cross 100/200 SMA on the daily

Ichmoku cloud showing resistance on the daily

however, bullish on the higher time frames as we might break this resistance in the coming weeks

6 Nis 2020

Not

TP 5600 USD possible long hunter wicks to the upside

9 Nis 2020

Not

strong overhead resistance @ 7400

10 Nis 2020

Not

BTC macro structure outlook

-- appears to be forming falling wedge
-- getting heavy resistance from the 0.382 fib retrace
-- above a daily 9 based on TD sequential

10 Nis 2020

Not

Macro view on the daily

10 Nis 2020

Not

hopefully we wont go this low but certainly a possibility given the continuation pattern for a falling wedge

17 Nis 2020

Not

17 Nis 2020

Not

22 Nis 2020

Not

broke out of the rising wedge
forming lower highs in a downward channel
let's see if we can break through the 7200 region first
otherwise, its more downward price action from here

23 Nis 2020

Not

lower half of rising channel or upper half of falling channel
only time will tell

23 Nis 2020

Not

23 Nis 2020

Not

25 Nis 2020

Not

same fractals in play here

29 Nis 2020

Not

broke out of ascending channel but getting resistance from .618 fib

30 Nis 2020

Not

rejected by key resistance @ 9400 and back in the rising channel high probability of more downside action to back test the initial break out

12 May 2020

Not

uptrend continuation or new downtrend?