if you look back a couple of weeks ago, the week of the 13 of March. US100 was sitting at a low price of 19143. This price was never swept the following week. US100 pushed further up until it reached its maximum price of 20322 for the last two weeks. Which was also support on 15 November 2024. Signaled a downward signaled a momentum, which eventually led to 1943...
On the 24th of March, there was a gap in the market. This gap needs to be filled in the near future. Fortunately for today, the upward movement has to an for now. Which signaling, the possibility that GAP will be filled soon. Given the recent drop in price from today's highest price, down to 42500. This price level is also a support level on the 25th of March....
Buy entry after breaking resistance of price 20500. Target for take profit is 21850, this is the last high on 20 February 2025. This is also a resistance level for 26/12/2024 and 24/01/2025.
BTCUSD, has been moving sideways since 20/09/224. It has been moving within the range of 63717-62633. It is tradable if you keep your parameters within this range. However on a long term trade sell from the high of 63717 and take profit at 54720, which is the last low over the past weeks. Another confirming is the fact that, the last high of 64273 was not not broken.
