Here's today's technical analysis I've created & put together for you guys.
To get things started please consider this question: If GOLD can get to ATH during a pandemic in 2020 why can't BTC reach at least 75% of it's ATH? I'll let that one sit with you & let your brain wonder.
Here you can see I've zoomed ALL THE WAY out, why?
A: Simply because when you zoom all the way out you see the MAJOR htf (higher time frame) levels (supports/resistances & or trend-lines). This will give you a better visual of what's going on in a longer time period which shows more data and information within the price action over the certain period of time. This chart starts around October 2017 & ends present time (2020)
I'll be posting daily updates with more zoomed in visuals/or might post another TA with it zoomed in.
Hit the like button if you appreciate the TA, and good luck.
👍 👍 👍 👍 👍 👍 👍 👍
To get things started please consider this question: If GOLD can get to ATH during a pandemic in 2020 why can't BTC reach at least 75% of it's ATH? I'll let that one sit with you & let your brain wonder.
Here you can see I've zoomed ALL THE WAY out, why?
A: Simply because when you zoom all the way out you see the MAJOR htf (higher time frame) levels (supports/resistances & or trend-lines). This will give you a better visual of what's going on in a longer time period which shows more data and information within the price action over the certain period of time. This chart starts around October 2017 & ends present time (2020)
I'll be posting daily updates with more zoomed in visuals/or might post another TA with it zoomed in.
Hit the like button if you appreciate the TA, and good luck.
👍 👍 👍 👍 👍 👍 👍 👍
Trade ist aktiv:
If this plays out to be a (bullish) pennant on the 4HR chart, I'd expect a move in the direction of the upwards arrow, if not I'd expect a retest of the lower level of the trend-line connected the higher lows. Or I'm wrong and we lose 11k, a few times or even less will paint the picture of either 12k or 11k.
Trade ist aktiv:
IFTR shows we're bottomed out (or close to it)
More up soon good luck boys.
IFTR shows we're bottomed out (or close to it)
More up soon good luck boys.
Trade ist aktiv:
We broke out of the pennant on the (LTF) charts, hoping to see a retest of 11975 possible today or tomorrow.