200EMA (RED LINE), the last line of defense, must hold to keep us from going into the Bears' Territory. A RED daily candle closing below it will have a very very high potential for the bulls losing the battle for the next months to come.
The Bulls must defend the $10K level and a monthly green candle closing above it is a strong indication that the Bulls are in control.
Remember to always place your stops at the appropriate levels whenever you put in a trade.
Happy trading everyone!
Ron
The MONTHLY overall view is looking very Bullish .
Check out my mid term out look for BTC with the Trend-Based Fib Extension Tool laid out.
This one's on a day chart:
Check out my mid term out look for BTC with the Fibonacci Circle Tool laid out.
This one's on a day chart:
The Bulls must defend the $10K level and a monthly green candle closing above it is a strong indication that the Bulls are in control.
Remember to always place your stops at the appropriate levels whenever you put in a trade.
Happy trading everyone!
Ron
The MONTHLY overall view is looking very Bullish .
Check out my mid term out look for BTC with the Trend-Based Fib Extension Tool laid out.
This one's on a day chart:
Check out my mid term out look for BTC with the Fibonacci Circle Tool laid out.
This one's on a day chart:
Not
Support Bar #1 held up.Not
Resistance Bar #1 has been reached.Not
Price sliced through Resistance Bar #1 like hot knife through butter.Price is now at Resistance #2. Time for a pull back prior to continuation of the bull run.
Not
Price consolidation in play at the Resistance Bar #2.Not
The 61.8% Fibonacci Level has been re-tested again and now Bitcoin has created a higher low. Time for a bounce and a bull run!!!!Not
$10K is gone!!!! Onwards to taking out the $14K.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.