2degreez - WEEKLY BTC Bull/Bear Price Targets

Updated

Hello, hello. I am 2degreez and I have been trading stonks and crypto since 2010. I have remained in the shadows for the most part only popping my head out here and there. I have decided to finally emerge out of the shadows and start building my online presence.

This BTC chart is self explanatory. It presents to you price targets that are important to me prior to breaking out one way or the other. The JULY 21' high/lows are extreme targets but we are living in extreme and unprecedented times. We could be headed for a rather bland/slow few months before the fireworks start cracking. With the halving behind us, the global pandemic still hanging around and the USA elections in November - it could get interesting around November.

With that being said, I will continue to trade, scalp and swing BTC , stonks and options with unbiased, unemotional technical analysis . I will continue to publish high probability setups for short, mid and long term plays.

The Content is for informational purposes only.

Good luck, happy trading and stay chill,
2degreez

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BTC DAILY UPDATE

BTC Possible bull flag on DAILY stoch and macd. I have no position but I am watching closely for a retest of top of trend and recent highs. Will wait for reaction.

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Edit. Stoch and macd positive divergence with upward momentum.

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BTC hit the top and caught resistance. Interesting levels here. Can we break up and out? I believe we fail and come back down at least one more time.

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bull flag btc. possible cup & handle. interesting set up for a retest of 10k possible? Bullish divergence on daily stoch macd.

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Waiting and watching for the dip to the 200ema here to 9200. Lets see how much support we get at this level. If we catch support here we could be in store for a nice long play here.
I have a buy order placed 9168

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Many people are stating btc has broken out. I say we are very close to the breakout from the longterm downtrend from the 20k highs.

Good luck, happy trading and stay chill.
2degreez

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Rejected.

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price action is getting tighter and tighter. 4hr setup incoming. waiting on the 1hr to setup as well. interesting action incoming.

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i am getting more and more bearish on btc

200ema starting to cross over. here is the 15min cross 200ema is black line

[6:56 PM]
1hr

[6:57 PM]
4hr drifing toward .5fib retracement at 9162. slow sideways action would meet up with the 200ema near that area.

[6:59 PM]
or....can we get a fast drop to touch the 200ema here on the 4hr and use that touch as a trampoline and bounce the hell up and out?

[7:01 PM]
a drop any further would take us out of this regression trend from march and a possible move down to the 382 and 200ema on daily

[7:02 PM]
macd and stochrsi appear to still be bullish on daily(edited)
[7:05 PM]
a flush down to the arrow on the 1hr chart here to 9162 would be interesting but could possibly create that 200ema crossover that bulls would not want to see(edited)
[7:05 PM]

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made it back down to bottom of current upward regression trend.
looking for support here and a bounce for another retest @9569 then @9804

im bearish long term and i am bias i want to restart my accumulation @5600 area

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until btc breaks up and out this is the regression trend i hold true.

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Possible Inverted Head & Shoulders?

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tradingview.com/x/R7l5t7Zu/Daily IH&S thanks smc for well...being smc

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Trade closed: target reached

UnknownUnicorn7216011

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