BTCUSD: Triangle break up! Next target: 11.300.

2 giu 2020

Today bitcoin break the triangle and the next step is in 11.300 region.
The probability next movements at chart.

My Current wallet:
100% bitcoin.

2 giu 2020

Nota

We had a strong bearish move just now in Bitcoin and I still believe that the greater likelihood is that it will continue to rise.
I particularly continue to hold my bitcoins, but we need to see how the market will react in the coming hours.

3 giu 2020

Nota

We need a good candle closes after 9770 to consider a good possibility of a new up movement.
Current wallet: 100% bitcoin

4 giu 2020

Nota

Bitcoin: After a new deep test, now the bulls are in your turn. Going good. Current price: 9750.

5 giu 2020

Nota

Daily candle closes after 9770 good for bulls and the our prediction to 11.300 price in next days continues high.
We are in a decision zone around 30 days and when bitcoin leave this zone, the price will move fast.
I am keep holding 100% bitcoin.

6 giu 2020

Nota

Bitcoin continues consolidated at decision region.
A bear figure pattern shoulder head shoulder have appeared and bring some risk for bulls.
Chance of upward movement remains good

7 giu 2020

Nota

Bulls continues in advantage.
We should be concerned if the price closes below 9365.
BTC will probably have a large volume at the weekly candle close in 6 hours, this volume may be enough to get btc out of this decision zone.
I remain holding btc.

9 giu 2020

Nota

Today we had one more daily candle closing at over 9770, that means another point for those bought (bulls). At this time, time consolidation is in favor of bulls as the candles break the weekly downtrend line.
The bulls remain at an advantage and I am still bullish!

11 giu 2020

Nota

Probable movement for the next few days or hours.

11 giu 2020

Nota

Uptrend line working for the fourth time to try to hold the price

12 giu 2020

Nota

Daily candle closed below the support and very much at the limit of the uptrend line. Possibility to start a bearish trend has increased, but bulls still have a small advantage.
I continue to be cautious with the movements in the coming hours. #HOLD!

12 giu 2020

Nota

🐮 We are doing well, a false break in support can give us a strong upward momentum.

15 giu 2020

Nota

We had the daily candle close below the support and below the uptrend line, the same used to trace the triangle, which is not normal.

So I decided to sell all my bitcoins in 9310, I am carrying purchases from the region of 7000 with a recent purchase in 9490 (see green icons in the chart).
We also have the SP500 which is rehearsing a further drop that can take bitcoin along.
So I chose to protect my capital and wait for bitcoin to make a correction or stay above $ 10.000 for a new purchase.