BitBotics_

BitBotics_

Just an idea of how i think $BTC will play out

BitBotics_

$BTC Long-Term trend if we do not make a lower low If you're leveraged long btc think about taking profits at the 1.618 levels and above. Still need a weekly close confirmation above the weekly lower-high which is sitting at the 0.618 level Still choppy af

BitBotics_

Possible bearish outcome if we dont breakup from here.

BitBotics_

$BTC following a strict bullish cycle at the moment. Monday will confirm this recent Bullish trend again.

BitBotics_

The battle begins between 10k-12k $BTC lets get there first though.

BitBotics_

Just some key horizontal supports and resistance for BTC weekly. The real battle begins between 10-12k have a great day!

BitBotics_

Not saying this will play out but its a bullish look into price action.

BitBotics_

Taking into account RSI and a reducing volume in the bear trend, we should be seeing some resemblance of the start of a bullmarket like back in 2015.

BitBotics_

- Bullish scenario BTC bullish divergence on the daily. If we break above 8.4k likely to see a retest in between 9.2k and 9.5k - Bearish scenario - The chart is looking very messy, if $BTC fails to breakthrough 8.4k we will likely see another low toward the blue support at 7.9k

BitBotics_

BTC needs to paint some higher highs.

BitBotics_

Looking for that 1D Bullish Divergence

BitBotics_

1 of the support held out after all of this noise yesterday.

BitBotics_

Which way will we go?

BitBotics_

Dark Blue - Strong support Dark Red - Strong resistance Dotted blue - Weaker Support

BitBotics_

Dark blue - Strong support Dark red - Strong resistance Dotted blue - New support Dotted red - New resistance

BitBotics_

Follow me on twitter @possummmm

BitBotics_

Formed a very nice cup and is now attacking its next resistance.

BitBotics_

which way will it go?