In this chart I attempt to outline a trend I have spotted on the daily chart (BTC USD).
I focus on the Gaussian Channel, 20/50/200 MA (Specifically the reaction we get when we touch and hold that 20 MA), and my target of 80k for this leg up I expect we will see.
The chart shows a frequency of approx. 25 days once this 20 MA is captured.
I anticipate this to occur again and used a bar projection to outline the movement we will see on the way up along with my anticipated zones of resistance.
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Thanks!
I focus on the Gaussian Channel, 20/50/200 MA (Specifically the reaction we get when we touch and hold that 20 MA), and my target of 80k for this leg up I expect we will see.
The chart shows a frequency of approx. 25 days once this 20 MA is captured.
I anticipate this to occur again and used a bar projection to outline the movement we will see on the way up along with my anticipated zones of resistance.
Please like, comment and follow for more content.
Thanks!