Hello everybody, welcome back with another idea of mine.
Today we're going to be looking at BTC. But first if you looked at my previous idea, I said that I didn't think we could reach 7800$ and actually I didn't but then Fud regarding the ETF's news came out of nowhere and of course when these things happen, you know how it works, But I always told you, keep in mind that any bad news could change the game in a blink. But, But , But as you can see we had our higher low we were talking about, and now we should be ready to hit the target sooner or later.
So, we held our daily 200 EMA, reminds me back in April when we had 2 days correction in a similar way. Now the 200MA is moving lower now is at 8515$ and the price should also move sideways for a bit, creating an equilibrium between 7900$-8400$. About the ichi cloud, if we're moving in this direction, for about a week we will naturally move above the cloud getting rid of any resistance. But in my opinion, I think will be faster, an painless. I expect the BTC break bullish out this equilibrium pattern towards 8600-8700$
My final target anyway is 10.000$ the only thing concern me more than anything are the bad news, fake or not they are powerful.
Salve a tutti sono un analista tecnico. Potete trovare i miei video su youtbe sotto il nome di Mind The Chart
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