Morning folks,
So, our DRPO "Buy" pattern has failed. This shows is how strongly market depressed, and here we see non-market driving factors. Now we suggest that the really big game is ready to start. On weekly chart 2/3 parts of H&S is already in place. And it will be quite interesting to see what will happen in nearest 2-3 months.
In short-term, market has completed our 79K target on daily chart of the same downside AB-CD pattern. BTC is oversold now on all time frames. At the same time, the price shape here is not bullish - too slow and choppy. It's just a technical bounce. So, we think that 90-91K resistance area might be interesting for potential short entry with the minimum target around 84K - downside momentum on daily chart is rather strong.
So, our DRPO "Buy" pattern has failed. This shows is how strongly market depressed, and here we see non-market driving factors. Now we suggest that the really big game is ready to start. On weekly chart 2/3 parts of H&S is already in place. And it will be quite interesting to see what will happen in nearest 2-3 months.
In short-term, market has completed our 79K target on daily chart of the same downside AB-CD pattern. BTC is oversold now on all time frames. At the same time, the price shape here is not bullish - too slow and choppy. It's just a technical bounce. So, we think that 90-91K resistance area might be interesting for potential short entry with the minimum target around 84K - downside momentum on daily chart is rather strong.
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/
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
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/
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
