BTC/USD Review 28.08 by SNE

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26.08 we saw weak candle which was
rebought from Support zone. Then next
candle changes previous conception about
market weakness.
But next trgt I see - X - point (7100).
Because X is a heavy resistance:
0.5 lvl Fibo correction + R-resistance.

For continue of rising scenario need
price consolidating near X-point and
then brokeout R-resist.
In this situation I see trgt zone: 7350-7500

If price come back to 6700 when rising impulse started,
will change opinion about local rising scenario.
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First trgt reached!
Giao dịch đang hoạt động
ảnh chụp nhanh
Ghi chú
Bearish candle-pattern near strong support point X - crossed 50% Fibo correction from previous impulse + strong R-resistance.
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