BMoom

A view of what I'm watching from multiple time frames.

BMoom Updated   
BITSTAMP:BTCUSD   Bitcoin
Thought I'd share what I am watching. Fib lines. Sell zones. Buy zones. Support lines.

Note. TD8 daily and hitting daily sell zone. Should pull back or consolidate for a few days soon.
Comment:

4Hr Buy Zone and Support.
Comment:

Apologies for the late update.

Dipped into the new daily buy zone based on TD9 sell setup. This may be the extent of the pull back with new daily sell zone target. 4Hr is currently on a TD9 buy and currently trading in the 1Hr buy extension zone.

Lower daily buy zone and support incase of further pull back over the next day or two.


Do note, the weekly sell zone target is lower than daily and the new 4Hr sell extension zone lines up closely with weekly, around $66.9K. Possible short opportunity around there. If not then watch where daily and weekly sell zones overlap, around $75K, or the top of the 4Hr sell extension. We'll know better when we get closer.


Note, new 4Hr sell zone and resistance line for shorter time trading.
Comment:

W shaped reversal, then pumped off Fed.

Now reaching resistance to watch on shorter time frames.
Comment:

1hr looks ready to pull back off the TD9 sell. 4hr caught in resistance.

Watching buy zones and support on 1hr for targets.
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