BTC (Y20-P4.E13).Macro.Bullish

20 באוק׳ 2020

Hi All,

I'm keeping this short as its a continuation of the previous BTC posts. Links provided below.
I made a post yesterday on the SP500, which also has some relevant information on the general market and so far they are also bullish. Note USD DXY dropping today\yesterday.


My THOUGHTS:
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> My 1st harmonic target was hit some time back and like my previous post indicated, we have compounded harmonics which is a bullish boost.
> ALTs being dumped for BTC hence BTC dominance going up. Refer to link below
> Looking at the indicators along with the structure of the daily candle sticks, etc, there is still more upward pressure, which makes me look at 2 more targets.
> I see 11950 to 12050 as the main temporary resistance, if there is one.

I also have these structures as significance, bullish setup



note newly CME gap closed



Please give me a like or tick for this post.


Regards,
S.SAri

3 Day chart, indicators are still upward pressure


PREVIOUS POST

21 באוק׳ 2020

הערה

This level equates to the alternate BAT pattern target.

21 באוק׳ 2020

הערה

21 באוק׳ 2020

הערה

This might help knowing when we reach the target, BTC dominance

21 באוק׳ 2020

הערה

I'm thinking 12940 next target. Major resistance is the 0.618 fib level