BTC Daily close under key resistance.
BTCUSD has closed under key s/r level at $26600. Expected move down to key s/r level at $25200. If this level holds, or deviates below and reclaims then long towards yearly highs. A breakdown of this level means that we can expect a revisit of the yearly open.
Currently SHORT BTC from $26600 and not expecting $25200 level to hold due to key macro-economic factors. Wrong on a reclaim on the daily of $26600. FIrst TP at 25.2k and next TP at 20k. Eventually targeting yearly lows.
Currently SHORT BTC from $26600 and not expecting $25200 level to hold due to key macro-economic factors. Wrong on a reclaim on the daily of $26600. FIrst TP at 25.2k and next TP at 20k. Eventually targeting yearly lows.
Trade closed: stop reached
Price has deviated above the s/r level marked. expected price to to visit local range high at 26460.Note
edit: was meant to say 27460*
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.