On the Monthly chart we can see still downwards pressure.
Weekly candles are ugly - very long up wicks.
Daily is not able to close above 7150.
6H loosing LONG shape
in next 6-12H we can see BTC testing lower price areas.
Watching low time frames to confirm end of the consolidation.
Another update when it goes into RED.
Full view of last impulse
Weekly candles are ugly - very long up wicks.
Daily is not able to close above 7150.
6H loosing LONG shape
in next 6-12H we can see BTC testing lower price areas.
Watching low time frames to confirm end of the consolidation.
Another update when it goes into RED.
Full view of last impulse
Note
Looks like it does not want to stop yet..Soon scalp after breakout possible
Trade active
let's GO scalp LONGTrade closed: target reached
23 minutes - nice shotNote
Note
7239 important, closing daily above 7300 can push price to 7500 area. Rejection at that moment can spike price down to 6320. Stocks might sink soon too which makes 6320 even more possible
Note
tomorrow morning price update. Keep in mind that in 1h 45min important candles closes
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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.