BTC Prj. 2019. P02E09. Pivot point reached!!

No words required.

Note

Being more specific and likely, on the 2 HRLY and 4 HRLY chart, it will get to the 55 and 100 EMA and act like a resistance and hence completing the right shoulder

Note

If we get a open and close on the 4 HRLY chart above the 11500 range, then that gives the message for a return

Note

Key levels to pass. Now. 10900 (on Binance) on the 4 HRLY, the 21 EMA
If we get a 4 HRLY candle close above 11k, then 11500 is the target.
The inverse H&S possibilities lies with the resistance on the 2 HRLY chart where its approaching the 55 and 100 EMA

Note

These are just my thought but I will act and do act based on the 5, 15, 30 min charts.

Note

1st Target reached...we need a open and close above 11500 for the next target.

Note

More to go (up)

Note

With the divergence at the 11500 mark, I am expecting another correction with either a visit to the 9400 range but more probable as this chart, with set fib levels.

Note

It seems this will create inverse. H&S on the 4 HRLY

Order cancelled

Pivotal point reached however the potentially inverse H&S formation requirements did not come about. The 0.618 target was breached only temporarily showing there is a lot of orders to sell off at this main fib. level

ssari

Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.

Also on:

Related publications

BTC Prj.2019.P02E08. Coming to a decisive point!

by ssari

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

ssari

Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.