Hi All,
By just using Fibonacci and with a few assumptions, like a channel, I'm looking at the channel 0.618 fib level to be the major target, ~6.0 to 6.7
This has confluence with the height of the ABCDE contracting triangle. This should correspond to potentially BTC's target.
I have the 50 and 100 EMA on the DAILY to be the support lines on the pullback.
Note: 5.1 to 5.2 for the first major resistance.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari
(for my reference > Macro.charts)
DAILY Chart
By just using Fibonacci and with a few assumptions, like a channel, I'm looking at the channel 0.618 fib level to be the major target, ~6.0 to 6.7
This has confluence with the height of the ABCDE contracting triangle. This should correspond to potentially BTC's target.
I have the 50 and 100 EMA on the DAILY to be the support lines on the pullback.
Note: 5.1 to 5.2 for the first major resistance.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari
(for my reference > Macro.charts)
DAILY Chart
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OR including the height of AB
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No matter how you look at it, next is $5.oo
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I'm expecting for this small bearish div. to play out on the 1 to 2 hrly. Not in the 4 HRLYl
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BTC and ALTs not looking good
LINK
BTC, needs to hold here
LINK
BTC, needs to hold here
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Recovery and now will this help the momentum
BTC paring
BTC paring
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If I was to guess the next move, a new channel with an increased angle, more bullish
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If BTC doesn't plunge, then the upper channel is the target
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chart update, progress
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My link macro update
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This community has signals now but with no risk management comms.