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BTC 6 Month Idea

Notice on the Weekly, last time BTC broke through the Kumo cloud I circled in Red, followed by the test of the Kijun line I circled in Yellow. BTC is posturing very similar at the moment. Rci also showing a similar down trend as well.

I look for a drawn out downtrend to test the Weekly 200 MA. Historically the Weekly 200 MA is a juicy Long.

Plan to manage risk at the Kijun Line..... or more appropriately, the past Weekly Lower High at about 9550.
Technical IndicatorsTrend Analysis

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