Morning folks,
So, we're here. As we said - BTC will drop and it has dropped. Now it is around 75K, but daily picture and some downside extensions suggest that it could reach ~70K area. If course it would be nice to catch it right at the bottom. But, generally speaking, we're in an area of 70-75K where odds on pullback are high.
If everything goes with our initial plan - we should get reverse H&S pattern with 100-105K target. But, this is next question.
Now, we just need to keep an eye on 1H chart trying to not miss potential bullish reversal patterns. That is what we're going to do now...
So, we're here. As we said - BTC will drop and it has dropped. Now it is around 75K, but daily picture and some downside extensions suggest that it could reach ~70K area. If course it would be nice to catch it right at the bottom. But, generally speaking, we're in an area of 70-75K where odds on pullback are high.
If everything goes with our initial plan - we should get reverse H&S pattern with 100-105K target. But, this is next question.
Now, we just need to keep an eye on 1H chart trying to not miss potential bullish reversal patterns. That is what we're going to do now...
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/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
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/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
