BTCUSDT

I believe the correction is not yet over.I'm expecting a reversal at $9000 and a pullback to $7500 or $6500 before the uptrend.breaking the trend line and closing above $9000 in day chart confirms the uptrend and there wont be any pullback in this case.

交易進行:

Reversed at $9000 as expected
Moving to the target

評論:

Red line ($8000) is a strong support..
Expecting a reversal at
$8000
$7500
or
$6500.
Reversal from these levels and crossing of the black trend line gives us uptrend confirmation

交易進行:

Moving to $12000

交易進行

評論:

Pushed down by the resistance.
It will find support at $10000-$10500

評論:

BTC has a weak support at $9400.It might reverse from that level.But I believe it will reach the support at $8900

評論:

As expected $9400served as a support.We had a short bounce there.Now it s going to be retested.I believe it will not hold.so prepare for the next move to $8900-$9000

評論:

Double bottom at $9300..need to break the channel(green trend line) for reversal

交易進行:

Crossed and tested

評論:

There are many TA stating we are still in the corrective wave.To me correction was over long before when it crossed $8500(circled zone).
What we are seeing now is the retracement of the previous short rally.I strongly believe there will not be any pullback to $6000 and below any time soon.

評論:

This reversal was expected one but it was stopped at the junction of two strong resistances.Now it has to be held above the red line for further upward movement.

交易進行:

It is now at the trend line.Hopefully it will go up

評論:

Moving to previous high $11650

交易進行:

Possible pullback to these support levels if fails to close above the red line

評論:

Updated idea