BitcoinUpdated

TheKing Still Bullish

- Despite the silvergate mini Fud, BTC still on his consolidation trend.
- this Fud just caused a faster mini retracement but it would have happened anyway.
- Next Fud could concern Stables Coins, They are trying hard, no smoke, no fire.
- Whatever, at one point BTC will go his natural way. up!

-----------------------------------------------------------------------------------------------------------------
- For now look at the Graph :

-- BTC still evolving and bouncing on Tenkansen (Yellow Line)
-- Senkou Span is making a flat line around 32k ( Violin Line)

-- can notice a first support around 21.3K (Tenkan) ( Fibo 38.2% Retracement )
-- can notice a second support around 19.2K (trend) ( Fibo 61.8% Retracement ) (CME GAP 20.9k -19.9k)
-----------------------------------------------------------------------------------------------------------------

- imo not a time for trading for a long term investor, just watch.
- if you are a Scalper, that's fine, just use a tight SL.

- Any Fuds coming and any lower prices are fire buy at the good zones.

- i will comment this post with some older analysis so you will get the scheme more clearly.

Happy Tr4Ding !
Note
CME GAP :

snapshot
Note
Older ICHI Monitoring :

Bitcoin Monitoring
Note
Fibonacci Moves :

fibonacci and the universe
Note
Simple Trick Bitcoin :

Simple Trick Bitcoin
Note
Removing Noise to get Bottom :

Bitcoin Lines
Note
Long Term Strat :

Bitcoin Simple Strategy
Note
CME Gap closed.

BTC CME Gap
Note
Update :

snapshot
Note
next here :

BTC Simple Chart
Trade closed: target reached
aged well.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.