$BTC still alive! Road to 9K+ ? #Sequential

22 Mar 2020

Despite recent capitulation, BTC price is now close to interesting support levels on multiple timeframes.

• Weekly:
  The symmetrical triangle has held so far and the bullish sequential countdown is still in play.
  Currently looking for a S13 exhaustion point at around 9300 USD could also coincide with another touch of the upper line of the symmetrical triangle.
  
  
• Daily:
  The 6 months bear channel finally broke up on Jan 06th after reaching Daily C13 and S13 exhaustion points.
  BTC then struggled on TDST Resistance (Red dotted line) and formed a noticeable H&S Pattern
  
  
• 4H:
  An ascending triangle has recently been formed over a shorter period of time with multiple exhaustion points.
  It looks like it has broken up and now being backtested.
  

A close below 5700USD would challenge this pattern.
A solid close below 5250 would mean lower lows are likely...

Enjoy!

MATHR3E


Sequential indicators:

• MATHR3E TD Multi Sequential
  
  
• MATHR3E TD Setup Trend
  
  
• MATHR3E TD Sequential Fibonacci Extension
  
  
• MATHR3E TD Aggressive Fibonacci Extension
  
  
• MATHR3E TD Combo Fibonacci Extension