Morning folks,
So, as we suggested, the pullback from 90K area has happened. At the same time, our base case position is deeper action. Even upward bounce to 95-96K resistance will be still an AB=CD pullback shape. Besides, now we're not sure that we will get it at all.
As we said last time, we still keep on the table scenario with drop back to 75-78K lows before real upside reaction could start. Aggressive US administration rhetoric about Venezuela, Cuba, Iran, Greenland etc makes investors nervous and keep demand for safe haven. This makes additional pressure on BTC.
So, currently action around 90K support looks more like upside AB-CD bounce rather than real upside reversal. In current circumstances we do not want to buy.
So, as we suggested, the pullback from 90K area has happened. At the same time, our base case position is deeper action. Even upward bounce to 95-96K resistance will be still an AB=CD pullback shape. Besides, now we're not sure that we will get it at all.
As we said last time, we still keep on the table scenario with drop back to 75-78K lows before real upside reaction could start. Aggressive US administration rhetoric about Venezuela, Cuba, Iran, Greenland etc makes investors nervous and keep demand for safe haven. This makes additional pressure on BTC.
So, currently action around 90K support looks more like upside AB-CD bounce rather than real upside reversal. In current circumstances we do not want to buy.
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/
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
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/
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。