Morning guys,
We keep our long-term bearish view on BTC with 5100 extended target. Meantime, we wide daily AB=CD 6034$ target and it seems that it will be first destination point.
Yesterday we've discussed scenarios of short entry and thought that pullback to 5/8 resistance might be good way to sell the rally, but now, on houry chart we have
pennant/triangle consolidation with signs of bearish dynamic pressure, which suggests drop right from current levels.
We keep our long-term bearish view on BTC with 5100 extended target. Meantime, we wide daily AB=CD 6034$ target and it seems that it will be first destination point.
Yesterday we've discussed scenarios of short entry and thought that pullback to 5/8 resistance might be good way to sell the rally, but now, on houry chart we have
pennant/triangle consolidation with signs of bearish dynamic pressure, which suggests drop right from current levels.
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/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
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/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.