ssari

BTC (Y20.Y21.Y22).v2.Mega Formation

Long
ssari Updated   
BITSTAMP:BTCUSD   Bitcoin
Update on the previous post

Key points:
> BTC Target is upper trend line ~$11050 to $11500
> 21 WEEKLY EMA (as pull back zone) as Macro support, after it hits its target
or bottom trend line after it hits its target.

Current status\level, support holding.




Please don't forget to give me a tick\like, as I would appreciate it.

Regards,
S.Sari /CryptoProspa
(for my reference > Macro.charts)
Comment:
Comment:
2 scenario's for now.
Comment:
Based on the recent event, right now there is a good possibility that we can have a pullback to the weekly 21 EMA or the daily 50 EMA
Comment:
For this pullback, as per chart, 9050 to 9200 range, which has confluence with the monthly support level. It also has confluence with the main fib level and EMA's of 50 and 100 range.

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