Bitcoin
Updated

BTC - Simplified Bull vs. Bear

247
Current structure, outlook and what i think will happen short term depending on how price reacts.
Note
:) following good
Note
Inside retracement area = target 8367 or if worse = 7378
Note
Current candle might signal a end of this dump.
Note
seem i was right for now at least
Note
9.5->10,5 we need to see how daily candle closes though
Note
Supply is clearly Herting absorbed. I think we will see a good weekly candle !
Note
*Clearly GETTING absorbed^
Note
We are up nearly 40% simply based of this chart with leverage :-)
Short Resistance -> Long support
Note
MASSIVE HS 1D might happen !! Careful target mid to low 7k
Note
I think we are likely to see further correction based of this chart.
Note
Letting the chart guide me ! More lows incoming.

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.