BTC NEED TO RECLAIM 17600..
Updated
Hello, as title said,
BTC need to reclaim 17600 that is the 3AC capitulation candle low, a close above with a nice Binance/FTX deal would bring some nice upward volatility.
Better not short here, instead is better wait a possible news related to Binance/FTX drama deal.
So you wait a reclaim of the line for a LONG
https://www.tradingview.com/x/2wFrliOv/
or a retest as bearish breakdown for a SHORT.
https://www.tradingview.com/x/Y2ABSXcC/
Anyway the final target is 10k-12k (not excluding a wick below)
BTC need to reclaim 17600 that is the 3AC capitulation candle low, a close above with a nice Binance/FTX deal would bring some nice upward volatility.
Better not short here, instead is better wait a possible news related to Binance/FTX drama deal.
So you wait a reclaim of the line for a LONG
https://www.tradingview.com/x/2wFrliOv/
or a retest as bearish breakdown for a SHORT.
https://www.tradingview.com/x/Y2ABSXcC/
Anyway the final target is 10k-12k (not excluding a wick below)
Note
WEEKLY LEVEL OF BUY ZONE
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