Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
STT
on 02/04/2019, 13:30:18 UTC
⭐ Merited by LFC_Bitcoin (1)
When page parity?

When post parity, that'd be something Cheesy



So its actually gone through boundaries like these fib levels, through the 200 day MA which is surprising for first attempt.   5200 would the upside target from here and maintaining above 4730 very bullish

So this area is the initial pause on the autumn decline and likely to be the first area for price to fight before what I think will be its eventual return to 6500 to do proper battle with that longer term previous bottom

Its only spent 6 days here so its not a giant area to be resistance but volume was far higher then normal so naturally the price contains sellers and previous trades to unravel I guess

Quote
5,500 at the end of the week ?

My guess was 4500 as a gap window, 200DMA also so an area to stage before breaking up.  Its gone way past that so its bullish into the next fight