BTC Diamond Formation

2020年4月16日

Most everything is in the chart for now and anyone knows if BTC will push down 1 more time before a big rally or go up straight.
we can see that we could form a Diamond Figure (Pink) to 0.618fibo

i don't show indicators but i can say :

Monthly chart show clearly that we are still going down.
Weekly chart have indecision on indicators.
Daily chart have inverted indicators.

we have 3 clear resistances formed by EMAS to breakout :

EMA 50 ---- 7200
EMA 100 ---- 7600
EMA 200 ---- 8000

possibilities after breakout :

1. we could fly to 9000 (DIamond Finished + 0.618 FIBO )

2. we could fly to 8400

possibilities with Rejection :

3. we could retrace one more time to 3700 before a new push. ( Traditional Support )

My advice for now is to wait as spectator and wait for a dip or a breakout.

Happy Tr4Ding & Stay Safe !

2020年4月23日

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7200 passed
7600 in the crosshairs..

2020年4月26日

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Breaking EMA100

2020年4月26日

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8000 is next Target.

2020年4月29日

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EMA200 broken but be carefull around 8400ish.

2020年4月29日

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8400

2020年4月30日

交易结束：到达目标

2020年4月30日

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See u lower guys for next trade!

7天前

交易结束：到达目标

Diamonds are forever.