Bitcoin has just found a little bit of support on the heart-line and also the Daily blue 377 EMA, 2D 200 EMA and the Weekly 50EMA.
In the past, the 377 EMA on Daily has been a very good buying opportunity at least on the first test, and maybe it will be the same here now.
There is also a Fib where the 0.618 might offer a buying opportunity in the near future coming in around $7300, but maybe the test down yesterday was in fact just that.
This heart-line has been respected quite well in this consolidation, and I am sort of expecting it to do a similar thing now.
For the most part, I am taking this price at $8000 to be a great buying opportunity for the long term. But if BTC goes below $7400 then I won't be so sure, as it would confirm a consecutive lower low on the Monthly time-frame.
I am hoping all you CME GAP boys are happy getting your orders filled xD
In the past, the 377 EMA on Daily has been a very good buying opportunity at least on the first test, and maybe it will be the same here now.
There is also a Fib where the 0.618 might offer a buying opportunity in the near future coming in around $7300, but maybe the test down yesterday was in fact just that.
This heart-line has been respected quite well in this consolidation, and I am sort of expecting it to do a similar thing now.
For the most part, I am taking this price at $8000 to be a great buying opportunity for the long term. But if BTC goes below $7400 then I won't be so sure, as it would confirm a consecutive lower low on the Monthly time-frame.
I am hoping all you CME GAP boys are happy getting your orders filled xD
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.