BitcoinShort
CPR monthly update
As mentioned in the last youtube livestream not making it to the first resistance of 46.5K would show weakness and a potential revisit of the pivots around 40K.
That is what happened in past days.
We also said that we MUST not close a daily candle below the pivots otherwise a revisit to the 30K range would be in play.
And that's where we are now. Just purely focusing on what the CPR monthly model is showing us 31K, the first support is more likely than before.
That is what happened in past days.
We also said that we MUST not close a daily candle below the pivots otherwise a revisit to the 30K range would be in play.
And that's where we are now. Just purely focusing on what the CPR monthly model is showing us 31K, the first support is more likely than before.
Join our membership to gain access to the private scripts.
thetradingparrot.com
thetradingparrot.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.