Chart Whisperer: BTC Bounced on My Date—Again!
Four days ago, I called for a Bitcoin bounce on August 6th—today, it happened. Who else is giving you exact dates, pure TA, no fluff? Check the receipts.
A day in this space, is a week, two days in this space is a fortnight... four days though - Sheesh, It's a lifetime ago...
I posted this four days ago - Where I literally said we had bounced off $112,000 and if we stayed above we can expect a bounce on the 6th August.... It's the 6th August today, and we bounced TODAY....
C'mon who gives you exact dates like that? Who do you know that does that? Through pure TA, reading the charts?
The next mage, shows todays chart - We bounced, Now we are above the EMA's, I'm looking for a candle close above, for confirmation of the strength in this move, I missed the entry, as I've been busy working on stuff, that I hope will make things easier for you all - So I now have to wait for the next step of confirmation, these levels are a squeeze...
We have resistance at $116,433.5 - Which if we don't break through today or tomorrow, will provide some confluence for a move back to the downside, If we do break through it, we also have to break through the short term downtrend channel top - So if your not in a position, It's too late to be in a position, otherwise your playing the chop...
Watch the levels, watch the reaction, when there is more to update I'll post an update, for now, we sit, watch and wait!
On a side note, If you want to learn how to read the charts, or get more updates from me - Follow me on my socials, and join my groups! https://linktr.ee/nightranger_
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