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/
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
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/
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.