BTC (Y20-P4.E17).Macro.Structure.Bullish
Hi All,
We just finished closing another month so I thought I revisit this chart to gauge how we are trending, along with the following point:
a) Candle sticks
b) Key resistance lines
c) Indicators
My Thoughts:
a) Bullish candle on the monthly, another sign with upward pressure, reminiscent of early 2017;
b) 3 year top lead in resistance trend line broken and retested;
c) Indicators all show upward momentum;
d) Observe chart below with an inverted perceptive;
Inverted monthly chart:
Inverted weekly (zoomed in) chart: Expect a bounce on the double bottom, meaning a pullback of some magnitude.
Chart back in July
We just finished closing another month so I thought I revisit this chart to gauge how we are trending, along with the following point:
a) Candle sticks
b) Key resistance lines
c) Indicators
My Thoughts:
a) Bullish candle on the monthly, another sign with upward pressure, reminiscent of early 2017;
b) 3 year top lead in resistance trend line broken and retested;
c) Indicators all show upward momentum;
d) Observe chart below with an inverted perceptive;
Inverted monthly chart:
Inverted weekly (zoomed in) chart: Expect a bounce on the double bottom, meaning a pullback of some magnitude.
Chart back in July
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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