This is a visual representation of the levels created during the last 2 years of regulation and BTC growth. I feel we will continue to play now within the range of the FLOOR and CEILING as we have broken out of the basement and kissed the floor goodbye. Price is bullish with a strong support resistance at 6200. Right shoulder formation is now at play and these next 6-7 months will really shine on the charts heading into 2020.
I am a buyer above 6200
I am a seller if we break the floor with strong force
Please observe the points, patterns, and structure in this idea that support this idea.
there is no buy entry at this time but the closer to the floor the higher the probably curvature in price formation can occur creating a right shoulder support zone on BTC. This is what we ALL wish to see in these coming days with Fidelity and other institutes now entering the ballpark.
Exciting days ahead!
News that follows this idea:
www.bloomberg.c...hin-a-few-weeks?srnd=crypt...
I am a buyer above 6200
I am a seller if we break the floor with strong force
Please observe the points, patterns, and structure in this idea that support this idea.
there is no buy entry at this time but the closer to the floor the higher the probably curvature in price formation can occur creating a right shoulder support zone on BTC. This is what we ALL wish to see in these coming days with Fidelity and other institutes now entering the ballpark.
Exciting days ahead!
News that follows this idea:
www.bloomberg.c...hin-a-few-weeks?srnd=crypt...
