Quite frankly, we are at a key level on BTCUSD.
I am 70% LONG on it due to this TA, but if we fail to break upwards we are heading for $6,800.
3/19 I would like to see us just shy of $9,900
4/5 I would like to see us between $12,200-$12,500
If we come to $6,800 on 3/19 then we will have formed a double bottom from February's first week. This would ensure a trend reversal and we would continue up from there.
Comments and feedback always appreciated.
I am 70% LONG on it due to this TA, but if we fail to break upwards we are heading for $6,800.
3/19 I would like to see us just shy of $9,900
4/5 I would like to see us between $12,200-$12,500
If we come to $6,800 on 3/19 then we will have formed a double bottom from February's first week. This would ensure a trend reversal and we would continue up from there.
Comments and feedback always appreciated.
Comment:
If we continue up, this would ALSO confirm the 3rd leg of retracement of our Bear run, thereby ALSO confirming a resumption of the original bullish trend.
White DIAGONAL LINES are in place of 50 on RSI.