BTC and the battle of 16,700

Last cycle bottom was marked by a 50sma 100sma cross.

This time possibly a 50sma crossing the 100sma and then the 150sma to mark bottom, which has recently occurred.

Confluence in the horizontal support area with a rising non horizontal support trend line.

Do your own DD

Come to your own conclusions.

NFA

GL

Comment!

評論:

slope on the MA's looks like they are leveling out and preparing for incline.
Zoom Zoom.

評論:

Added this chart to highlight the end of a rsi trend as well on the weekly. look at the two areas on the rsi circled with red elipses

評論:

Also wanted to add these trend prospectives.
Not the nicest looking bull blag formation, but it has a lot of the characteristics.

評論:

交易結束：目標達成:

Closed

評論:

Want to update the continuation for the sake of sharing.
Mid Term targets relative to the timeframe in Blue

評論:

1 Hour Chart Quick Update. Will post the overview chart for this soon.

評論:

Back to the monthly. We are targeting the higher resistance it appears. RSI on monthly is still near neutral.

評論:

On the daily, BTC is nearing a crossroad.

This is a decision area for the token.

評論:

Fib circles made on a close 45 degree angle.
Price action is hitting a strong rising support.
Bullish Macro Target above.
Bearish continuation targets Below.
NFA

評論:

I am very curious to see what happens here. I am neutral.

BTC falling onto support on the weekly chart.

評論:

From the close up 30 minute perspective.

評論:

Here is the 4 hour update.

Rsi is high and turning downward.

評論:

I would ignore the RSI here.

Looks like btc has a macro trend to test above.

lines up with the 1.618

評論:

One last pullback before the true bull run commences. To the top of the profile!

評論:

"w" u tang is for the children

評論:

heres my bearish case at this point in the weekly. three scenarios in the event that there is not enough momentum to break this resistance we are meeting.