Hello traders, lets have a fantastic trading week!
Midterm projection for Bitcoin
If our Midpoint Supply block gets blown out I expect market to aim for the $3,800 USD highs to wipe out any short sellers and bottom sellers for BTC. If this occurs I expect us to target our lows and potentially new lows into the mid $2k mark. Tons of liquidity for shorts above here as we look to our left marked in X. Patience as we enter a new trading week before the holidays.
Full time updates within telegram and V.I.P
Twitter - TDSniper
Midterm projection for Bitcoin
If our Midpoint Supply block gets blown out I expect market to aim for the $3,800 USD highs to wipe out any short sellers and bottom sellers for BTC. If this occurs I expect us to target our lows and potentially new lows into the mid $2k mark. Tons of liquidity for shorts above here as we look to our left marked in X. Patience as we enter a new trading week before the holidays.
Full time updates within telegram and V.I.P
Twitter - TDSniper
Note
BTC 1HR Weekly ProjectionOur Midpoint Supply block got wiped out, now flipping this level into Demand. Watching carefully over the next few days for a clear path on BTC within these highs.
We dont have to see $3,800 get taken coupled with a Bearish Engulfing.
A break above and hold above $3,800 and we will long BTC and the majors / enter more alt positions within the markets
Note
$3,800 held perfectly. Here we go. Incoming $4,200Note
BTC 4HR$4,200 breaks and holds and we are headed for 4.9k USD
Trade closed manually
Check our 2019 Bitcoin Update
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.
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.