CADI13
做多

BTC/USD Poised to see our first 10K handle since 2 weeks ago?

BITFINEX:BTCUSD   比特币/美元
The market is not out of the Woods, but with no new FUD and absent any new headlines, the market appears to be poised to test higher and we could see our first 10K handle in BTC/USD since 2 weeks ago by late this week or early next week.
The trading activity is stagnant and low volume is concerning, but the positives is that it is trading in a tight triangle formation that is nearing its breakout point.
The top of the triangle resistance is ~8900 and the bottom of the triangle formation is ~7850.
A review of the 4HR and 1HR charts looks like the market has room to the upside and the RSI appears to be neutral and starting to point higher.
The bulls need a move over 8900 supported by solid volume , that could spike the market (possible stops over 9000) and we should be testing resistance in the ~9800 area rather quickly.
As mentioned, BTC/USD could be trading a 5 figure price real soon!

As mentioned in prior posts, we were scale down buyers in BTC             , ETH, LTC and a few other coins. Sitting comfortably and looking to see this market by late March trading comfortably in the 5 figure handles and recording higher lows in the 14K             range.
We know when we are wrong and have our Stops below.
*This is purely for educational purposes and is in no way investing advice*

Happy Trading!

Support & Resistance Levels
R4 - 12750
R3 - 11500-11600
R2 - 10880
R1 - 9000-8900
Current price = 8700
S1 - 7850
S2 - 7550-7450
S3 - 6950-6900

Thank you for hitting the Like button :)

** This Is not professional investing advice, this is purely for educational purposes. Please do your own research. **
If you look last 15 minutes on trading view, BTC is at strong buy , its going over 9000 soon
回复
CADI13 crypto008
@crypto008, thanks for the feedback. I will review the 15 minute. Even if it breaks over 9k, with out any decent volume to support the move, it could be a short lived move into the 9K area. Not that it would fall apart, but would trade back down to the lower end of the trading range and we would have to reassess our targets and stops. Happy Trading :)
回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出