sinanikaeen

Another touch of 11000 again?

sinanikaeen Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
The price is playing between 10700 and 11000, so:
1- 10700 can be a good support, then touch of 11000
2- 10700 break down to the 10361-10000 and then up to 11000

What we have here:
- A pink triangle that is going to break up
- An uptrend channel
- EMA20 (purple) crossed EMA50 (red), EMA100 (orange) and EMA200 (blue)
- EMA50 is following EMA20 to cross EMA100 and EMA200
- RSI has a bullish support
- MACD is ready to be red

My idea:
1- A test of 11000 then back to 10361-10000. The price will go for breaking the triangle to another touch of 14000
2- Back to 10361-10000 then go up and break the triangle.
3- Another pull back to 9800 ( if breaks, down to 8100 )

I'm not a pro and this is just my idea.

Thanks.

Comment:
Comment:
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.