To Moon or not to moon?
- 86765 is perfect buy zone; Has plenty of support from the kijun MA, SAR and previous bounce zone. The rising clouds is also a good sign.
- 89620 is the BB median value and a point of previous rejection. The presence of RSI bearish divergence before the rejection also adds weight to this number.
- Presentation of two scenarios using juxtaposition of past iterations of BTC price cycle.
(A) Case where resistance is shattered.
(B) Case where resistance deflects and support does not hold.
- 89620 is the BB median value and a point of previous rejection. The presence of RSI bearish divergence before the rejection also adds weight to this number.
- Presentation of two scenarios using juxtaposition of past iterations of BTC price cycle.
(A) Case where resistance is shattered.
(B) Case where resistance deflects and support does not hold.
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