Two possibilities.
Quite frankly, we are at a key level on BTCUSD.
I am 70% LONG on it due to this TA, but if we fail to break upwards we are heading for $6,800.
3/19 I would like to see us just shy of $9,900
4/5 I would like to see us between $12,200-$12,500
If we come to $6,800 on 3/19 then we will have formed a double bottom from February's first week. This would ensure a trend reversal and we would continue up from there.
Comments and feedback always appreciated.
I am 70% LONG on it due to this TA, but if we fail to break upwards we are heading for $6,800.
3/19 I would like to see us just shy of $9,900
4/5 I would like to see us between $12,200-$12,500
If we come to $6,800 on 3/19 then we will have formed a double bottom from February's first week. This would ensure a trend reversal and we would continue up from there.
Comments and feedback always appreciated.
Note
What makes me more LONG than SHORT is the appearance of higher highs, and higher lows in play currently.White DIAGONAL LINES are in place of 50 on RSI.
Note
If we continue up, this would ALSO confirm the 3rd leg of retracement of our Bear run, thereby ALSO confirming a resumption of the original bullish trend.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.