BTC (Y20.P5.E8).Macro.View

2020年11月28日

Ref.z.chart

Hi All,

This post is to complement or support he previous post, link below from a mid macro level.

Key points:
> Fib levels at the macro level seem to play support resistance;
> The Green zones are key levels of support\resistance;
> Using the daily, weekly (WS) and monthly (MS) candle sticks to place support and resistance lines:
> I have it going as high as 18400, 18800 is possible;

I have 2 levels of interest to leverage long, along these Green high volume pivot levels;
Using the RSI and other indicators at the time to make that decision;


All the best,


S.SAri



PREVIOUS POST supporting this thesis

2020年11月28日

註釋

I like this channel and price will be range either the upper quadrant or lower quadrant area of the channel.
There is a slight % that price goes up from here but I doubt it.

Note the Daily RSI support line and how it will act as a rejection area.
This is where price is likely to find resistance on the daily

2020年11月28日

註釋

2020年11月29日

註釋

When I made the call, in a private session.
twitter.com/WinthorpeDa2nd/status/1333043938073010176/photo/1

2020年11月30日

註釋

BTC has strong upward pressure on the daily, so i'm expecting this resistance level will be passed. I have a gut feeling the sloping support trendline is the real resistance and potentially the reversal.
I do have a bullish scenario, where we have no pullback...which is not absurd as the weekly candlestick closed very bullish.

2020年11月30日

註釋

Approaching key area. If BTC can hold above this approaching level on consolidate more likely under this resistance, it might have a chance to breaking the previous high.
The deeper pullback is in question by many seasoned traders. I will give a scenario as to what this could be later tonight.

2020年11月30日

註釋

One of the concerns have been broken. Great.
Here is the current scenario that is playing out, a bullish scenario.

2020年12月1日

交易結束：目標達成

Target reach. New posts will be posted.