In my previous analysis, I mentioned that we expect the price action this week to create a wick around $54,000-$56,000 and close this week around $58,000.
I'm still looking for an entry around $54,000-$56,000. However, the price action has bounced right off the 40-Weekly EMA around $56,000, so there's a chance we might not get the entry we wanted. Let's watch how the price action develops in the coming days.
PREVIOUS ANALYSIS :
https://www.tradingview.com/chart/BTCUSDT/wr9aHxWc-BTC-USDT-Updated-Market-Outlook-for-This-Week-What-to-Expect/
I'm still looking for an entry around $54,000-$56,000. However, the price action has bounced right off the 40-Weekly EMA around $56,000, so there's a chance we might not get the entry we wanted. Let's watch how the price action develops in the coming days.
PREVIOUS ANALYSIS :
https://www.tradingview.com/chart/BTCUSDT/wr9aHxWc-BTC-USDT-Updated-Market-Outlook-for-This-Week-What-to-Expect/
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Join my VIP group: t.me/CryptoOverseerX Special price for the first 10 members. Money-back guarantee if no profit in 3 months! For more, visit overseer-x.com/. Free group: t.me/CryptoOverseerXFree
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.