suryaagrawal

BTCUSD - Levels to watch imo 9.6, 10K, 10.3k

Long
BITFINEX:BTCUSD   Bitcoin
I have tried to point out similar scenarios from past, so we can understand what are the ways market can behave.
Pull backs to 9050 or 8900 to open new positions for the upcoming rally.
Overall a healthy bullish trading scenario.
Keep your stoplosses intact though.
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Supports and resistances.
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At Daily pivot resistance.
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RSI is too high on 4H timeframe. Expect a slow and painful pull back maybe after 6-8H.
9.6 is a major resistance and will have to double bottom here to prove support here.
Last major support down is 8.9K
Looking for a quick run to 10 - 10.3k.
Never FOMO, you will get a chance to re-enter ALWAYS!

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Daily suggesting if bull trend confirmed then BTC breaking ATH soon, maybe by April - May
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20EMA crossing 100EMA more bullish
or
200EMA acting tougher resistance?

BTW 4H close above 200EMA will be a relief for bulls..!

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Way Way bullish than I thought, 12K is the final target before any real pullback imo
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