BTC Finally reached the target zone defined in March 2020.Now we are struggling below 10K with resistance levels and exhaustions points on multiple Time Frames:
Weekly:
Currently at the top of a symmetrical triangle combined with a Sequential S13 exhaustion point.
A retest of the middle line of the symmetrical triangle is possible at the moment (@7K)
Daily:
Struggling around TDST Resistance and recently printing an Exhaustion Point S13.
Another bullish countdown is still in play (6/13) so there is still small hope for bullish continuation.
TDST Support is @7K also coinciding with the middle line of the Weekly Triangle
4H:
Multiple Exhaustion points too.
It seems S13 was missed @9.800 USD
Now we are kinda losing TDST Support
RSI is Bearish
1ST target would be around 7K
2ND target TBD...
Enjoy!
MATHR3E
Sequential indicators:
- MATHR3E TD Multi Sequential
- MATHR3E TD Setup Trend
- MATHR3E TD Sequential Fibonacci Extension
- MATHR3E TD Aggressive Fibonacci Extension
- MATHR3E TD Combo Fibonacci Extension
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.