BTC 1D - INSIDE BEAR TERRITORY, BULL STRUGGLE
# Previous daily analysis mentioned a cross to lower boundary of ascending channel (red line). Now we are well below them, our target is still valid, a correction to 8200-8500, or possibly lower.
# Bull priority now is to reclaim 9400~ or even better @ 9500. Reclaiming this level would make us considering a reversal in trend.
# Please refer to weekly analysis below for bigger picture. Soon we will provide 4H analysis for opportunity in local trade.
DYOR always. Trade safe.
# Bull priority now is to reclaim 9400~ or even better @ 9500. Reclaiming this level would make us considering a reversal in trend.
# Please refer to weekly analysis below for bigger picture. Soon we will provide 4H analysis for opportunity in local trade.
DYOR always. Trade safe.
Note
Price currently trading just below EMA 55 @ 9160
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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.
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.