Will BTC hit 11.9k by tomorrow as the weekly Channel ends?

19 Tem 2019

Hello everyone, I am new here and this is also my first post. Being new, I wanted to introduce my self first. My name is Victor and I am an Economic graduate from Pace University in 2014. My education gave me a lot of understanding in markets, data and how it works, however being completely new to Crypto trading on Binance and Bitmex, I am taking a minimalist graphing approach now in hope that you guys can point me in the right direction to getting better. With that said. my current BTC position is bull at around 11.3k after the first drop, and prior to the CME gap of 11.9k per BTC. Learning of the importance of gap closings in Chicago option exchange, I realized that holding my position is better than selling at the moment. Now to the important things, The last time MA 50, and MA 100 touched was prior to it recovering and increasing overall BTC to 3x Fibonacci, prior to that it was at 2x and also took a around a week to recover upwards. Knowing that CME also has a gap at 8.6k, I believe that if tomorrow we don't reach 11.9k we have a high opportunity to once again test the 8.6k gap. What do you guys think and do share any recommendations on graphing and TA for crypto trading as well as anything else.

Onward and Upwards,
Victor

21 Tem 2019

Not

Update following this day, Bitcoin looks like it established a solid 10.8k average for the day. We will have to wait till tonight Eastern time to see if it can break through the 11k and go upwards. So far bulls are paving the road up.

22 Tem 2019

Not

Last Update as this week is about to end for me. Looks like at current level its holding a solid 10.6k after a double bottom. TA sais it has a high chance to get a bull push any minute, but I am not certain as I do not have experience in this as most people. Thus I pass the question to you guys, what do you think will happen if today's close will not hit 11k and up?