BTC (Prj.2019.P05.E02).MyPlanAs outlined in the chart, I'm looking at two targets. Each target has it merit.
One can make arguments at many levels. I for one like confluence to be present. Fib levels, SMA\EMA agreeing, previous support and resistance lines and an element of bullishness or bearishness opinion.
I also listen to other experts and take their comments into consideration.
I have heard two prices that I like.
Targets are 5800 and 6800 as the least risky but also acceptable to not miss out.
Depending on the Exchange:
> Price Ranging from > 6500 to 6800
> Price Ranging from > 5450 to 5800
Obviously with some allocated $$ for the in between levels if the opportunities are there.
Regards,
S.Sari
Close up snapshots of the indicators on this chart.
If required, I will look at other momentum indicators to look for bullish divergences or strength in the signal.
RSI
Accumulation\Distribution
Daily chart
Key levels on the 4 HRLY chart
