UnknownUnicorn1935796

$BTC to $35,228 (or about that) #bitcoin #technicalanalysis

Long
INDEX:BTCUSD   Bitcoin
I'm looking at a number of things here- first & foremost, the bigger picture. I'm looking at the big channel that can be seen on the month & three month chart, and I'm looking to head to the center line of that channel which will serve as resistance. I'm also looking at a trendline holding the price up, and several moving averages as well. I'm also looking at the 200 MA on the week, and seeing that the price will want to travel to that like a magnet, and the 9 and 20 on the month being opened- BTC will want to close that gap, and will want to touch the 9 on the 3 month as well. On top of all of that, we have the final bit of confluence with a 1.116 fibonacci extension hitting right on the trend line.
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