Morning folks,
So, it seems our bet on triangle's direct breakout is worked and we hope that we're in continuation mode to the major upside targets. At least fundamental background that we've got last week stands supportive to BTC upward action. So, those who haven't taken position inside the triangle now we could consider 63.5-63.8 K-support area on 1H chart and optionally nearest support at 64.5K.
Market hits AB=CD target, so, at least minor respect we should get. Hopefully it will be enough to step-in. Our nearest upside target is the daily one, and it stands at 70K area.
So, it seems our bet on triangle's direct breakout is worked and we hope that we're in continuation mode to the major upside targets. At least fundamental background that we've got last week stands supportive to BTC upward action. So, those who haven't taken position inside the triangle now we could consider 63.5-63.8 K-support area on 1H chart and optionally nearest support at 64.5K.
Market hits AB=CD target, so, at least minor respect we should get. Hopefully it will be enough to step-in. Our nearest upside target is the daily one, and it stands at 70K area.
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.