KatanaCapital_

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KatanaCapital_

We're either going to breakout or breakdown in the next 12-16hrs imo, support between 8.6-9K - resistance at 9.5(think well blow by if it breaks to the upside) 10K psychological resistance

KatanaCapital_

Don't use divergence much but OBV is showing a regular bullish div ( price making lower high, indicator making higher low = price reversal to the upside) - 10K initial target / Psychological Resistance - Kijunsen support still holding

KatanaCapital_

Don't use divergence much but OBV is showing a regular bullish div.(higher low) - Pulled back inside of the 8.8K support area 10K is initial target / Psychological Resistance

KatanaCapital_

Still being cautious with BTC behavior but some alts are beginning to pick up as bitcoin sits around the support range. Potential cup and handle here on the daily, waiting for a break of resistance or remount of the 15ema on the 4hr for entry/confirmation with a 1-3% stop

KatanaCapital_

If this support area breaks down, expect a slight drop back to 8400 - 8500s(red line) and consolidate before the next leg to retest 9800, absolute worst case is we fall back on top of the major downtrendline from 20K at low 8K range.

KatanaCapital_

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KatanaCapital_

Expecting the bleeding to stop between 8500 - 8800 , Stochastics reaching oversold, keep your eyes peeled

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KatanaCapital_

Stop loss on the break of this candles low, being cautious with the alts and waiting until remounts of ema on the 4HR

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