BTC/USDT Chart
Daily Time Frame Update
Good afternoon / or Morning
IAmThree : your friendly BTC weatherman :)
: My Key Support And Resistance Zones or Pivot Levels
Price action has found support above the Blue ema 30 ...
For the bullish Price action narrative to play out :
I would look for the bulls to keep the price action above my 0.236 Fib retrace Level that is @ or around $8900 USD
For the bullish Price action narrative to play out:
I would also look for the yellow ema 15 to rise above the blue ema 30 undoing the death cross of these two moving averages
I am also very interested in watching the orange ema 15 and the blue ema 30
on the 30 / 06 / 20 we saw the yellow ema 15 death cross below the blue ema 30
so long as price action is above my pink core moving average I am bullish currently that price level is $9211 USD
This is not financial advice
I am not your financial advisor
I am publishing my chart for personal historic archival Purposes
Trading or speculation is extremely risky
Bitcoin is extremely volatile
Never invest more than you are willing to loose
Always do your own research
the market is not your friend it is like riding a bucking bull
always looking to buck you out of your position :)
BTC Quotes :
BTC the Truth Machine
BTC the electro Dollar
BTC Rules without Rulers
BTC code is free speech
BTC might be our only shot at separating money and the state
BTC magic internet money
BTC not your keys not your coin
BTC like having a Swiss bank that can fit in your pocket
BTC personal financial sovereignty
BTC the cat is out of the bag
BTC digital Gold
BTC the price action and its story can be found in observing the lows not the highs
BTC banking the unbanked
BTC do what you want when you want however you want
BTC a system not based on debt while also being outside of the current financial system
BTC the native currency of the internet
BTC live 24 hours a day 7 days a week 365 days of the year
if you have any BTC quotes
please share them with me in the comments below :)
Thank you for taking the time to look at my chart
I hope the support and resistance zones I have identified help you in your own chart work and trend analysis ...
Daily Time Frame Update
Good afternoon / or Morning
IAmThree : your friendly BTC weatherman :)
: My Key Support And Resistance Zones or Pivot Levels
Price action has found support above the Blue ema 30 ...
For the bullish Price action narrative to play out :
I would look for the bulls to keep the price action above my 0.236 Fib retrace Level that is @ or around $8900 USD
For the bullish Price action narrative to play out:
I would also look for the yellow ema 15 to rise above the blue ema 30 undoing the death cross of these two moving averages
I am also very interested in watching the orange ema 15 and the blue ema 30
on the 30 / 06 / 20 we saw the yellow ema 15 death cross below the blue ema 30
so long as price action is above my pink core moving average I am bullish currently that price level is $9211 USD
This is not financial advice
I am not your financial advisor
I am publishing my chart for personal historic archival Purposes
Trading or speculation is extremely risky
Bitcoin is extremely volatile
Never invest more than you are willing to loose
Always do your own research
the market is not your friend it is like riding a bucking bull
always looking to buck you out of your position :)
BTC Quotes :
BTC the Truth Machine
BTC the electro Dollar
BTC Rules without Rulers
BTC code is free speech
BTC might be our only shot at separating money and the state
BTC magic internet money
BTC not your keys not your coin
BTC like having a Swiss bank that can fit in your pocket
BTC personal financial sovereignty
BTC the cat is out of the bag
BTC digital Gold
BTC the price action and its story can be found in observing the lows not the highs
BTC banking the unbanked
BTC do what you want when you want however you want
BTC a system not based on debt while also being outside of the current financial system
BTC the native currency of the internet
BTC live 24 hours a day 7 days a week 365 days of the year
if you have any BTC quotes
please share them with me in the comments below :)
Thank you for taking the time to look at my chart
I hope the support and resistance zones I have identified help you in your own chart work and trend analysis ...
Note
The longer Price action holds the 9k ish level by simply going sideways during bearish momentum or selling pressure
adds weight to the bullish narrative in my view
is very nice to see price action go sideways in a boring fashion
if you desire a bullish narrative to play out in the future of price action
as when bearish momentum ceases and fresh new cycle of bullish momentum begins we just might see the beginning of a new global bullish trend resulting in a nice rally of price action
on every ones mind is not if but when
that is the million-dollar question
if you buy now it will dip back to 8300
and if you wait for the dip it will break out and rally back to 14k
also worth noting is the fact that the current electricity production cost to mine a single BTC !!! is at or around 14k
I would like to thank : WyckoffMode, Joris Duyck, LonesomeTheBlue, 100kiwi, Bigits0, LazyBear, xSilas, Ni6HTH4wK, leifcr, Alex Orekhov, Alexgrover, midtownsk8rguy, Anupam Dutta, Franklin Moormann(cheatcountry), shayankm, TORYS, for all creating such fantastic awesome public scripts and publications
your guys are my heroes I am so grateful to be able to use your awesome indicators on my charts :) !!!
Note
“Why I bought #bitcoin in 2015-2016 (before the model): - 46M millionaires in the world, only 21M BTC
- can't use gold or $ in space or Mars, need something else
- nobody can freeze account or block transactions
- 0% interest rate is better than negative interest rate”
Note
the longer the bulls can keep price action going sideways the better ...once momentum completes the bearish selling pressure phase
and the bullish part of the momentum cycle begins again
the higher price action is
the easier it will be for the bulls to break through the resistance levels :)
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.
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.