Long

BTC nearing decision point

Updated

I'm very eager to see where BTC is going, market sentiment seemed to have turned after yesterday. But we're still not out of the danger. I drew my expectation for the coming day or two. If that plays out we enter an exciting decision point. For now I think we'll test $8500 before breaking up or down, divergence and macd both looking good and TK crossed yesterday.

Note: I'm not an advisor, I'm just training my TA skills.

Note

Looks like we got rejected at the drawn trendline resistance. I think it's likely we'll retest 7700/7800 (middle pink line) after a small bounce here. I expected BTC to go a little bit higher, but it all still looks very similar to the yellow circle I drew around March 20th.

John_McB

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