BTCUSD CORRECTION LEVELS !!!
Intermediate support @ 54600
Strong Support @ 52400 (38,2 Fib of recent upswing/50% Fib of correction leg/Lower Pitchfork band/Daily Kijun Sen (Ichimoku equilibrium line-white line))
We might be seeing a whale push today, and the dream level for them is the 52400 level with confluence support
which give a strong push back up.
Any close below the lower band of the pitchfork and a strong close below 52400 on the daily timeframe will likely push price lower
towards previous lows. This may also throw BTC into a longer consolidation phase, or even deeper correction. THese bearish scenarios
are improbable (perhaps less that 15%(
Strong Support @ 52400 (38,2 Fib of recent upswing/50% Fib of correction leg/Lower Pitchfork band/Daily Kijun Sen (Ichimoku equilibrium line-white line))
We might be seeing a whale push today, and the dream level for them is the 52400 level with confluence support
which give a strong push back up.
Any close below the lower band of the pitchfork and a strong close below 52400 on the daily timeframe will likely push price lower
towards previous lows. This may also throw BTC into a longer consolidation phase, or even deeper correction. THese bearish scenarios
are improbable (perhaps less that 15%(
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