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BTC now - 06\10\19

Oleh ankitaquarius1990
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Market structure and Last point of support indicated. If it break market structure then huge chances of trend reversal. We should be net long from 7500 as of now with stops nearby.
Komentar
Moving swiftly with no sign of bears.
Komentar
cuplikan
We have a cross and trend still bullish above market structure. Close and sustain above 8000 strengthen bulls .
Break of MS can lead us to test 6000 validating H & S pattern in Daily.
7500 is Key Support Area.
Komentar
Some bullish activity observed short term!
cuplikan
Komentar
Bullish movement continues with no sign of Bears. It did took Hourly 100 EMA as support and continues!
Komentar
cuplikan
Komentar
Some kind of correction might be. But we have clear support indicated. No Bears till now! 8050 is the Key support area to observe short term. Target can be 8350 for longs! A test of 8000 support could also be possible.
cuplikan
Komentar
Sooo, we are moving good with Bullish strength maintained well above 8000. Good for Bulls!
We did reach 8336, near to our short term target 8350. I see we have a RSI bearish divergence so can expect a pull back to 8150 and sideways action between 8100-8400.
I think we can go to 8800.
8050 is new Key Support area!
cuplikan
Trading ditutup: target tercapai
All Targets reached! Well Trade. I will come up with next trend analysis.
cuplikan
Trend Analysis
ankitaquarius1990

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