Morning folks,
So, we're at 63K and with the butterfly on the back as we suggested last time. Now market is trying to rebound here but this attempt looks not too impressive - crypto fell, Sailor sales BTC and ETF are loosing funds. Background doesn't look too suitable for upside performance and market almost stands near the lows.
In such a circumstances we're not ready to take any longs by far and prefer to wait for confirmation. Here it might be the reverse H&S and butterfly will be the left part of it. But if even bounce will happen - it cares risk to turn to big downside butterfly and price still return back to 60-61K. In fact we suggest that this AB=CD has not bad chances to happen.
So, we're at 63K and with the butterfly on the back as we suggested last time. Now market is trying to rebound here but this attempt looks not too impressive - crypto fell, Sailor sales BTC and ETF are loosing funds. Background doesn't look too suitable for upside performance and market almost stands near the lows.
In such a circumstances we're not ready to take any longs by far and prefer to wait for confirmation. Here it might be the reverse H&S and butterfly will be the left part of it. But if even bounce will happen - it cares risk to turn to big downside butterfly and price still return back to 60-61K. In fact we suggest that this AB=CD has not bad chances to happen.
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/
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
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/
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。