BTC looks heavy
While BTC shows bearish sentiment and we still keep our 5900$ target, while 4H bearish dynamic pressure is valid, other markets, EUR, GOLD shows bullish signs.
So, may be this will hold BTC from immediate downside breakout and today minor "222" Buy could work & keep BTC inside triangle for sime more time.
As overall context is bearish - do not marry any long position on 1H chart. Take profit fast. Breakout, if it will happen will be very fast.
For precise levels and more charts, please visit our BTC analysis page, following our signature link below.
So, may be this will hold BTC from immediate downside breakout and today minor "222" Buy could work & keep BTC inside triangle for sime more time.
As overall context is bearish - do not marry any long position on 1H chart. Take profit fast. Breakout, if it will happen will be very fast.
For precise levels and more charts, please visit our BTC analysis page, following our signature link below.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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