بتكوينشراء
BTC Core continues to Chop....Still eyeing 8k....
Macro/Mid Term is still Bearish, yadda yadda.....I've said it every post, we broke above 7250 as I anticipated, and Bulls were unable to hold it, as I also mentioned to look out for.
A) Our recent drop created a couple "inefficiencies" in price. I'm targeting those for the short term.
B) We cleared previous micro highs (pink box) and began correcting. We're forming a bit of a rounding/arcing bottom, usually a bullish sign....
C) But I wouldn't rule out a visit to this box. It's our Bullish consolidation preceding the rise above the Orange triangle.
I'll be monitoring PA to see how it unfolds. Green/Yellow arrows, and we're targeting those pink boxes, but IF we DO drop to that C) Box.....and we fail to promptly get above 7.4.....I'd be VERY cautious in a Long.
Macro Bear, Mid Bearish-Neutral, Short-term cautiously Bullish......Lose 6.8k and I think 8k is off the table before new lows are made. Good luck, and safe trading.
A) Our recent drop created a couple "inefficiencies" in price. I'm targeting those for the short term.
B) We cleared previous micro highs (pink box) and began correcting. We're forming a bit of a rounding/arcing bottom, usually a bullish sign....
C) But I wouldn't rule out a visit to this box. It's our Bullish consolidation preceding the rise above the Orange triangle.
I'll be monitoring PA to see how it unfolds. Green/Yellow arrows, and we're targeting those pink boxes, but IF we DO drop to that C) Box.....and we fail to promptly get above 7.4.....I'd be VERY cautious in a Long.
Macro Bear, Mid Bearish-Neutral, Short-term cautiously Bullish......Lose 6.8k and I think 8k is off the table before new lows are made. Good luck, and safe trading.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.