Inizia
axanthics6770

Broken Through Supply Line and Testing Local .618

Long
Bitcoin / Tether USD (KRAKEN:BTCUSDT)  
axanthics6770  
KRAKEN:BTCUSDT   Bitcoin / Tether USD
Trend Analysis
3
0
trendanalysis
The price action has broken through the channel's lower-bound supply line (which is now the demand line) on increased volume (relative to the past 20 hours. Moreover, the price action is testing the local .618 fib line. And we wait!

Idee correlate

axanthics6770
Approaching .718 resistance & supply line
axanthics6770
Secondary test above support line complete
axanthics6770
Breaking Channel's Lower-Bound Resistance
axanthics6770
Shakeout 'appears' to be complete.
axanthics6770
Shakeout Respecting the Demand Line of the Overall Channel
axanthics6770
Shakeout is still in progress
axanthics6770
Shakeout in progress…Weak Bullish Divergence RSI
axanthics6770
Clear support at $40K: Bullish Divergence on RSI
axanthics6770
Bullish Divergence on the 4hr.
axanthics6770
New Re-Accumulation Phase In-Progress: Upward Thrust Complete!
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