So BTC has finally blown through the 6.8K resistance with some nice volume. Now, thinking ahead, it seems to me that 7.7K will be the most important plot point in the coming weeks.
RSI is strong, Stoch allows for growth, MACD is ready for a bullish cross.
Most importantly (to me) is that the ichimoku cloud is giving 2/3 bullish signals. Just waiting on a close above the kumo, which happens to align with the key resistance level I talked about.
If we break this resistance we'll likely gain momentum to get up towards 10K. If not I think we will test 6.8K as support for a while.
Exciting weeks ahead. All eyes on BTC.
RSI is strong, Stoch allows for growth, MACD is ready for a bullish cross.
Most importantly (to me) is that the ichimoku cloud is giving 2/3 bullish signals. Just waiting on a close above the kumo, which happens to align with the key resistance level I talked about.
If we break this resistance we'll likely gain momentum to get up towards 10K. If not I think we will test 6.8K as support for a while.
Exciting weeks ahead. All eyes on BTC.
Note
Seems to be a lil' pennant building in the 15m chartNote
Knock-knock-knockin' on heaven's door Note
Not this time...Note
Trying again.Note
Strap yourself inNote
Crunch time for BTC. It is not advantageous for us to fall below these support lines.Note
7200 level being tested several times for new supportNote
What's it gonna be, Bitcoin?Note
Okay :)Note
Broke free from the triangle and knocking on the 7500 resistance again
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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.