BTC and the battle of 16,700

Last cycle bottom was marked by a 50sma 100sma cross.

This time possibly a 50sma crossing the 100sma and then the 150sma to mark bottom, which has recently occurred.

Confluence in the horizontal support area with a rising non horizontal support trend line.

Do your own DD

Come to your own conclusions.

NFA

GL

Comment!

ノート

slope on the MA's looks like they are leveling out and preparing for incline.
Zoom Zoom.

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Added this chart to highlight the end of a rsi trend as well on the weekly. look at the two areas on the rsi circled with red elipses

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Also wanted to add these trend prospectives.
Not the nicest looking bull blag formation, but it has a lot of the characteristics.

ノート

トレード終了: 利益確定目標に到達

Closed

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Want to update the continuation for the sake of sharing.
Mid Term targets relative to the timeframe in Blue

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1 Hour Chart Quick Update. Will post the overview chart for this soon.

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Back to the monthly. We are targeting the higher resistance it appears. RSI on monthly is still near neutral.

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On the daily, BTC is nearing a crossroad.

This is a decision area for the token.

ノート

Fib circles made on a close 45 degree angle.
Price action is hitting a strong rising support.
Bullish Macro Target above.
Bearish continuation targets Below.
NFA

ノート

I am very curious to see what happens here. I am neutral.

BTC falling onto support on the weekly chart.

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From the close up 30 minute perspective.

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Here is the 4 hour update.

Rsi is high and turning downward.

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I would ignore the RSI here.

Looks like btc has a macro trend to test above.

lines up with the 1.618

ノート

One last pullback before the true bull run commences. To the top of the profile!

ノート

"w" u tang is for the children

ノート

heres my bearish case at this point in the weekly. three scenarios in the event that there is not enough momentum to break this resistance we are meeting.