thecryer

TheKing Still Bullish

thecryer Updated   
COINBASE:BTCUSD   Bitcoin
- Despite the silvergate mini Fud, BTC still on his consolidation trend.
- this Fud just caused a faster mini retracement but it would have happened anyway.
- Next Fud could concern Stables Coins, They are trying hard, no smoke, no fire.
- Whatever, at one point BTC will go his natural way. up!

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- For now look at the Graph :

-- BTC still evolving and bouncing on Tenkansen (Yellow Line)
-- Senkou Span is making a flat line around 32k ( Violin Line)

-- can notice a first support around 21.3K (Tenkan) ( Fibo 38.2% Retracement )
-- can notice a second support around 19.2K (trend) ( Fibo 61.8% Retracement ) (CME GAP 20.9k -19.9k)
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- imo not a time for trading for a long term investor, just watch.
- if you are a Scalper, that's fine, just use a tight SL.

- Any Fuds coming and any lower prices are fire buy at the good zones.

- i will comment this post with some older analysis so you will get the scheme more clearly.

Happy Tr4Ding !
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CME GAP :

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Older ICHI Monitoring :

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Fibonacci Moves :

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Simple Trick Bitcoin :

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Removing Noise to get Bottom :

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Long Term Strat :

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Update :

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next here :

Trade closed: target reached:
aged well.
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