BTCUSD Bitcoin Forecast : SQUEEZING AGAINST 100 MA
WELCOME TO MY PAGE! FEEL FREE TO LIKE AND SUPPORT BY FOLLOWING IF YOU LIKE WHAT YOU SEE =)
BTC has been following an ascending wedge line since 11 May 1800pm.
It was rejected sharply by the 200 MA on 11 May 1200pm, where a sharp spike was quickly overturned by massive selling pressure
Now since 13 May 0000pm, it has been following the underside of 100 MA closely, proving to be a strong resistance.
We look to see if BTCUSD BITCOIN BREAKS TO THE UPSIDE of the 100 MA (white line), then our LONG targets would be @ 9000 next, 9200 then 9500 if possible.
Most likely, I would see a sharp rejection @9000 for a SHORT to the support level @ 8500, for a continuation of the sideways movement in the 8500-9000 range.
As always trade carefully with stop losses and FEEL FREE TO LIKE AND COMMENT YOUR THOUGHTS DOWN BELOW!
Regards,
GOL D ROGER
BTC has been following an ascending wedge line since 11 May 1800pm.
It was rejected sharply by the 200 MA on 11 May 1200pm, where a sharp spike was quickly overturned by massive selling pressure
Now since 13 May 0000pm, it has been following the underside of 100 MA closely, proving to be a strong resistance.
We look to see if BTCUSD BITCOIN BREAKS TO THE UPSIDE of the 100 MA (white line), then our LONG targets would be @ 9000 next, 9200 then 9500 if possible.
Most likely, I would see a sharp rejection @9000 for a SHORT to the support level @ 8500, for a continuation of the sideways movement in the 8500-9000 range.
As always trade carefully with stop losses and FEEL FREE TO LIKE AND COMMENT YOUR THOUGHTS DOWN BELOW!
Regards,
GOL D ROGER
עסקה סגורה: היעד הושג
Targets 1 and 2 of scenario A reached:TP1 @ 9200
TP2 @ 9450
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.