BTC (Y20.P6.E7).Daily closing bullish
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Hi,
With the daily closing bullish and the downside was rejected (if that didn't hold we were likely to see 23850 to 24250), we can safely assume that another attempt to the previous high will come again.
I do believe it will fail however its not worth missing out on.
I will update where the target will be with the data in the coming days.
For now, I think the 12 hrly or 2 daily candle stick will give us the next rejection level. I have 27860 as the main resistance.
There is a potential to break the high for a small gain.
Cheers,
S.SAri.
My levels
With the daily closing bullish and the downside was rejected (if that didn't hold we were likely to see 23850 to 24250), we can safely assume that another attempt to the previous high will come again.
I do believe it will fail however its not worth missing out on.
I will update where the target will be with the data in the coming days.
For now, I think the 12 hrly or 2 daily candle stick will give us the next rejection level. I have 27860 as the main resistance.
There is a potential to break the high for a small gain.
Cheers,
S.SAri.
My levels
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Note how the 10/20 ema on the 8 hrly is supporting the trend. Get ready to buy the dip, potentially.Commento
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Another of my charts ....getting it right.This is the hard part now... Has it lost its momentum... and when to short...love to short.
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Alerts chart.Commento
Next phase or possible scenarios assuming this level holds...looking short term bearish. I have a bearish div in the making on the 12 HRLY. Note for the 30 K to break, I'm expecting it needs momentum, to get this, we need a drop. the grinding process I don't think it will work. ref.F.chart
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This community has signals now but with no risk management comms.
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