Bitcoin

BTC - Where to from here?

117
Monday 11th April 2022

BTC 12 hour chart

We have a perfected red TD 9 count with a buy setup - gold diamond

TD support is currently at $40,161.00

TD risk is at $40,,983.00

TD count has not restarted

A good area to buy would be in the $40,983.00 to $41,599.00, with low ball buys at the lower Fibb line of $38,531.00. We probably do not want to see it close below this level on a daily or weekly scale.

Short term profits could be taken at the Upper Fibb 1 and 2 levels of $46,867.00 and $48,310.00, noting TD resistance at $48,192.00

It looks like MACD has bottomed out and is starting to turn positive, hopefully turn green by 24th April

Volume and Price Oscillator by Neobutane has just flashed a buy signal.

Let' see what transpires BTC Bulls.

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