Price action is attempting to form a bearish 🦇 on 2 hourly. Completion of this harmonic will be at $42,057, Invalidation of this will be $43,311. FOMC news had a very temporary effect on price action and afterwards we were bombarded with good news for future of crypto which pumped the market back up almost in an hr. Now we are back at R/S game. Bearish trend is still intact until we take over 46K on weekly.
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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.