BTC Prj. 2019, P03E02, The correction we had to have.
Updated
My Thoughts,
> The support line has to be tested twice.
> MA or EMA's playing their role, both support and resistances.
> If we close above the 20 MA\EMA on the Hrly or 2 Hrly, a good sign for more highs
> 100 EMA on the Hrly acting support
> 10, 20, 55 acting resistance
> If it breaks the 100 EMA, then we are going to be tested on the 200, which probably means a 20 - 30% correction, which will not surprise many for the way we had the parabolic trend.
> MACD on the HRLY bullish however 4 HRLY not
> RSI on the HRLY bullish however 4 HRLY not
My Guess, the 100 EMA\support line will hold and further uptrend as we have a strong bull trend.
Cheers.
SS/Cryptoprospa
Current 15 Min. chart.
Previous post
> The support line has to be tested twice.
> MA or EMA's playing their role, both support and resistances.
> If we close above the 20 MA\EMA on the Hrly or 2 Hrly, a good sign for more highs
> 100 EMA on the Hrly acting support
> 10, 20, 55 acting resistance
> If it breaks the 100 EMA, then we are going to be tested on the 200, which probably means a 20 - 30% correction, which will not surprise many for the way we had the parabolic trend.
> MACD on the HRLY bullish however 4 HRLY not
> RSI on the HRLY bullish however 4 HRLY not
My Guess, the 100 EMA\support line will hold and further uptrend as we have a strong bull trend.
Cheers.
SS/Cryptoprospa
Current 15 Min. chart.
Previous post
Note
Note
More lows to come, initial target is either 9000s, or 10400 to 10600 range. Can be sure until the nature of the drop and what the indicators say when we get close to it.Note
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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