Morning folks,
All markets in general and BTC in particular have got a liquidity injections due massive interventions by PBoC, BoJ and SNB in recent 2-3 sessions. This factor intrudes technical picture and has turned it bullish. Still, we think that it is not reliable and could easy go as easy it has come.
Thus, we treat current action as technical pullback. Here we have to watch for two moments. First is nearest upside target is 21.5-21.6K that could be reached. Second - market now stands at resistance. If BTC fails to break it, and returns back in consolidation - do not take long position.
All markets in general and BTC in particular have got a liquidity injections due massive interventions by PBoC, BoJ and SNB in recent 2-3 sessions. This factor intrudes technical picture and has turned it bullish. Still, we think that it is not reliable and could easy go as easy it has come.
Thus, we treat current action as technical pullback. Here we have to watch for two moments. First is nearest upside target is 21.5-21.6K that could be reached. Second - market now stands at resistance. If BTC fails to break it, and returns back in consolidation - do not take long position.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。