BTC USD Is tempted to Go Up?

19. Feb. 2020

BTCUSD
Is Currently Having Golden cross while there is hidden divergence indicating trend continuation but to confirm this upward move in immediate short term(24-48h time span) we need current candle to close above 10285.
I made this chart very simple
Resistance is shown in red lines and Blue line shows weekly levels as mentioned in text .
We are Pretty sure to test weekly levels near soon in case of breaking and closing above this level actually means heavy MOON! Yes we can go even above and test the next resistance levels over 11k and so on but before that we have to cross our immediate trouble area marked in red line in 103-10400 ranges right below the weekly and this must take place very soon.
Rejection from weekly means going back to 9700 and assuming next support levels at 9000-9200..

Good luck

19. Feb. 2020

Anmerkung

weekly rejection 10519 .. plz zoom it in a bit.. sorry its not that clear i will make it more clear next time

20. Feb. 2020

Anmerkung

that candle couldn't close above the stated levels of 10285 therefore we came down too quickly as stated above the immediate short term short term trend changed drastically and BTC declined significantly and bounced back.

20. Feb. 2020

Anmerkung

expecting a bounce from green support lines on the chart (also ema levels. Hidden to keep chart the chart clean)

22. Feb. 2020

Anmerkung

chart still valid

27. Feb. 2020

Trade wurde manuell geschlossen