BTC 18500-19500 range

٤ ديسمبر ٢٠٢٠

BTC is forming a beautiful range, which could serve as a launch pad. If we go down, this will also be an important resistance level. BTC has an opportunity here to defy all expectations and do a quick impulse past all time highs. Let's see if the bulls have the cajones.

٥ ديسمبر ٢٠٢٠

ملاحظة

So far following the range nicely. A move up this weekend may be anticipated, given how strong the bulls have proven themselves to be over the past week.

٦ ديسمبر ٢٠٢٠

ملاحظة

Continuing to range. Sunday nights have broken out in the past. Let's see.

٩ ديسمبر ٢٠٢٠

ملاحظة

We saw it break below the range, bounce on trendline, and now the range is acting as resistance.

١٠ ديسمبر ٢٠٢٠

ملاحظة

Pretty bearish now, being below trendline and having rejected off range.

١٢ ديسمبر ٢٠٢٠

ملاحظة

The bulls have retaken the range. We are now leaning bullish again.

١٢ ديسمبر ٢٠٢٠

ملاحظة

watch 18800 to induce some impulse.

١٣ ديسمبر ٢٠٢٠

ملاحظة

Watch 19500 to induce some impulse - not a safe place to trade here - wait for direction to be taken off the range

١٦ ديسمبر ٢٠٢٠

ملاحظة

Well this played out perfectly didn't it?