Back in Action - BTC/USD
Updated
Quick take from a different perspective than usual.
Crazy range since May chopping up many market participants.
Looking for an ultimate revisit of my 'range low' here around 8400.
Possible bounce to 9090 - 9200 then further down.
Looking for signs of support at 9100 for chance of further upside.
Will look to take a fresh macro EW overview soon.
Crazy range since May chopping up many market participants.
Looking for an ultimate revisit of my 'range low' here around 8400.
Possible bounce to 9090 - 9200 then further down.
Looking for signs of support at 9100 for chance of further upside.
Will look to take a fresh macro EW overview soon.
Note
Squiggle (a) - Resistance met at 9090 -> head toward range low
Squiggle (b) - Break above 9100 toward 9200 ->
(i) Break back down toward range low OR
(ii) 9100 becomes support, bounce higher
Note
At initial resistance.
Note
Tagged slightly under 9200 resistance target. Watching 9100 for signs of support/breakdown now.
Note
Support 9090-9100 potentially found.
Look for launch toward 9200 for confirmation.
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