Morning guys,
As we've mentioned previously, to keep bullish sentiment, market should not show deep retracement. Particular speaking we were watching for
a kind of diamond consolidation on 4H chart.
BTC has completed this condition. Indeed that was true acceleration up, and retracement was shy. As market has no real barriers above, right to
our major target of 64-6500 Weekly K-resistance area, it should continue to climb higher.
On hourly chart we have nice channel and price stands at upper trendline. As '222" patterns were forming regular, we could watch for something of this kind. Now it seems that 5830-5850 area could be considered for potential long entry.
As we've mentioned previously, to keep bullish sentiment, market should not show deep retracement. Particular speaking we were watching for
a kind of diamond consolidation on 4H chart.
BTC has completed this condition. Indeed that was true acceleration up, and retracement was shy. As market has no real barriers above, right to
our major target of 64-6500 Weekly K-resistance area, it should continue to climb higher.
On hourly chart we have nice channel and price stands at upper trendline. As '222" patterns were forming regular, we could watch for something of this kind. Now it seems that 5830-5850 area could be considered for potential long entry.
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/
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
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/
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.