We can see a Cypher harmonic is forming. I would like to see BTC break out of the choppy range we are in right now for a clear direction. Big volume POC at 61K level, will be hard resistance.
Bình luận:
We are seeing a rejection at the 786 FIB retracement of B-C in confluence with the descending sloping trendline and the Value Area High of the lower range.
Overal I do not think this idea is invalidated just yet, based on FIB time we still have time to put in D until 28-11
Overal I do not think this idea is invalidated just yet, based on FIB time we still have time to put in D until 28-11
Đã hủy lệnh:
once price retraced below C my Cypher got invalidated.
I do think we will see bullish momentum here based on the 3 drives pattern
I do think we will see bullish momentum here based on the 3 drives pattern
For anyone in a long from 55K, take some profits at 61K area. We can identify a clear resistance around 61K