BItcoin Update - 4H and Daily Chart | Measured Moves
I expected price to show some rejections from 11150 area and it played out well.
We have break below the previous low or local support.
I am expecting price to retrace around 10625 area for another short set-up. It is less likely to test 10742 but we should consider it as another level of resistance.
Possible targets for bitcoin are 9300 area as you can see good confluence for Support there.
I have also talked about the use of Measured Moves of different types.
Note : Avoid some mistakes in the audio when I say These uncertaintiesadd up to measured move down.
We have break below the previous low or local support.
I am expecting price to retrace around 10625 area for another short set-up. It is less likely to test 10742 but we should consider it as another level of resistance.
Possible targets for bitcoin are 9300 area as you can see good confluence for Support there.
I have also talked about the use of Measured Moves of different types.
Note : Avoid some mistakes in the audio when I say These uncertaintiesadd up to measured move down.