BTC Macro Formation. Inverted BARR structure (Y20.P2.E11)

10 abr 2020Hi All,

** This is an updated version to my previous post today **
In the bottom section, I have posted close up images of this post so its more clearer to understand.

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*** Just note > Currently we have not passed the trend line. Until we pass this trend line, we are not in the bump run phase.
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I had a question that didn't sit well with me on the previous post (below). So to answer this, I looked back to the history.

>The QUESTION:
Do we have the log setting switched on or off ? ............(As it impacts the trend line)

So I made the effort to answer that here.
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As for the current BTC price action.
If we don't hold the 6850 to 7000. We will likely revisit the high 4K (4800 to 5200).

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For more details, please refer to my previous post

Please give me a tick or a like as an appreciation of this post.



Regards,
S.Sari.

10 abr 2020

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Looking at the price action now. It looks like 6600 to 6650 might be a good entry.
I will wait for the signal indicators to turn upwards on the 6 hourly to turn upwards.

19 abr 2020

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Added more into the micro level and corrected a few assumptions.

24 abr 2020

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Ref: BTC.Chart
Updating the details for this macro thesis

7 may 2020

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updating this chart as its perfect so far