A nice hit!
-I confess that a rise of more than 20% was not in my plans.
-In previous analyses, some scenarios were considered based on the current situation, and one of them would be prices testing the long average region at 19.8K on the daily chart, as well as the 50% FIBO region of the high pivot mounted on the monthly chart. A priori this is what happened!
-However, the following week, prices were strange suggesting that we would have a double top on the daily chart in the region of 25.4K.
-This did not happen, and caused prices to disengage from the long average (springboard) and rise more firmly, leaving a beautiful hammer on the weekly chart, which, with its break, served as an impetus to seek the region of 27.4K, leaving only the attempt to reach the upper region of 32.3K.
-The daily chart suggests corrections to the pivot point region at 24.4K, to form a “pull back” and look for the steepest target at 32.2K, which is a region of important bottoms lost.
-You will like this graphical analysis!
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
-In previous analyses, some scenarios were considered based on the current situation, and one of them would be prices testing the long average region at 19.8K on the daily chart, as well as the 50% FIBO region of the high pivot mounted on the monthly chart. A priori this is what happened!
-However, the following week, prices were strange suggesting that we would have a double top on the daily chart in the region of 25.4K.
-This did not happen, and caused prices to disengage from the long average (springboard) and rise more firmly, leaving a beautiful hammer on the weekly chart, which, with its break, served as an impetus to seek the region of 27.4K, leaving only the attempt to reach the upper region of 32.3K.
-The daily chart suggests corrections to the pivot point region at 24.4K, to form a “pull back” and look for the steepest target at 32.2K, which is a region of important bottoms lost.
-You will like this graphical analysis!
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
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