66K support as the 1st chance to buy
Morning folks,
So, the journey to 68-69K target is over. Daily AB-CD is completed, right at the trendline resistance on weekly/daily time frame. This target agrees with intraday XOP of our reverse H&S.
Since BTC has its own driver - D. Trump promises to makeAmerica BTC great again - this lets it to move against the wind, together with gold. But drivers are different.
Now we're watching for pullback to 66K support area first. This is the first area where potentially market could turn up again. Next upside target is 70.35K.
So, the journey to 68-69K target is over. Daily AB-CD is completed, right at the trendline resistance on weekly/daily time frame. This target agrees with intraday XOP of our reverse H&S.
Since BTC has its own driver - D. Trump promises to make
Now we're watching for pullback to 66K support area first. This is the first area where potentially market could turn up again. Next upside target is 70.35K.
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/
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.