2H 2019 projection

٢٢ يوليو ٢٠١٩

I expect a bearish back half 2019 for BTC price and am looking for a re-test of the lower diagonal trend line pictured here. I also am keeping a close eye on the weekly 200MA and expect that will be respected and hold above on a weekly close basis.There will no doubt be some mini-bulls along the way, but this is my overall projection.

If we touch the weekly 200MA I will buy heavily, and if we have a successful weekly close on the bottom diagonal trend line I will wait for 1 more weekly close above it then buy. The 200MA is a serious heavy support, and if it breaks with a weekly close below, and then a green weekly retest from below that fails to get back above then its a super bearish sign.

١٣ أكتوبر ٢٠١٩

ملاحظة

Idea is playing out pretty well so far. Bearish crossover coming on Daily chart, so I'm looking for that to lead us to at least the upper 6k range, which is where the 50ma on weekly chart is sitting. Probably bounce around that area for another month or so then a break below for a brief touch of the Weekly 200ma upper 4K-low 5k range.

١٣ مارس ٢٠٢٠

ملاحظة

Time to buy. Mid-4K now