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BTC - Bullish EMA Cross - Further Consolidation Possible

242
TRADING ACTIVE

Trade Entry
1. Adding to position, I would wait for break of 10WeekMA around 8k for confirmation bullish to next high OR if rejection of 10WeekMA wait for Buy Zone.
2. Not already in BTC, I would consider buying a small position at this price as BTC can go parabolic as we end pattern. Once you have a small position, assume that we may consolidate further (use #1 above).

Chart Details
Seeing Bullish EMA Cross today on Daily view.
Watching to see if price rejects at 8k (10WeekMA).
If rejection, Buy Zone is $7100 - 6k.
Small chance of low down below 6K (always save buying power for here).
Weekly view shows green Sell Signal (mixed signal).
If we break $7692 this should trigger Buy Signal on Weekly.
RSI working in channel will breakout to confirm trend.

Outer Space Chart (Long Term View)
From Outter Space - Long Term View


About Me
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
I am transitioning to my new website moneypatterns.com and have updated my name previously jbird7839. Same guy - new name. :)
Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards.
Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish
הערה
I apologize for the audio being bad here.
It was fine in the preview and recording.
I have ordered a new mic as the easiest fix arriving Tuesday.
TradingView did not like my bluetooth gaming headset :(

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