BTCUSD in consolidation after bullish impulse
Updated
We can always expect a SFP for BTC during a push from the ALTS. Currently consolidating with upside potential.
The SFP is common in uptrends as well as downtrends. We do not know if the possibility of lower prices will arise but we can prepare for it in case there is a chance. A daily close below 53200 would confirm a reversal on the daily timeframe.
We would love to get acceptance above 66289 and consolidate shortly. Targets are 71889 and 77213 if we get there too soon.
On the off chance to get to 80950 this month. In this case we should expect a rejection.
TA on BTCUSD this time, other ideas to follow.
Stay tuned for more.
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The SFP is common in uptrends as well as downtrends. We do not know if the possibility of lower prices will arise but we can prepare for it in case there is a chance. A daily close below 53200 would confirm a reversal on the daily timeframe.
We would love to get acceptance above 66289 and consolidate shortly. Targets are 71889 and 77213 if we get there too soon.
On the off chance to get to 80950 this month. In this case we should expect a rejection.
TA on BTCUSD this time, other ideas to follow.
Stay tuned for more.
The future is automation and Flip Safari is a Bot renting platform designed to diversify your portfolio.
Our BOTS renting platform is launching soon and this TA was a hybrid between a bot and an analyst.
Please comment, like and follow if you found this idea helpful.
Website coming soon!
Trade active
We are keeping support for the moment above the blue line. Looking good so far.
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