As BTC has been hovering right below $4,000, we get to see if it will be able to break through the resistance.
If it fails to I see retracement down to around 3,300-3,400.
With Kakao announcement of UPBIT, we will see a tremendous bullish market in October. Will the momentum start now or be delayed for a couple more days/weeks?
We will see.
join.slack.com/t/getfx/shared_invite/enQtMjQ2NjM2MDAwMDE4LTBkYjUxYzNiOWEyNzMwMThlZDFkMjA1YzQxMWY5OTE4NTE2ZWQwOTg4YzgyOTQzZDhlMTk4ZjNiM2U3NzM2ZDA
Join slack to discuss :)
If it fails to I see retracement down to around 3,300-3,400.
With Kakao announcement of UPBIT, we will see a tremendous bullish market in October. Will the momentum start now or be delayed for a couple more days/weeks?
We will see.
join.slack.com/t/getfx/shared_invite/enQtMjQ2NjM2MDAwMDE4LTBkYjUxYzNiOWEyNzMwMThlZDFkMjA1YzQxMWY5OTE4NTE2ZWQwOTg4YzgyOTQzZDhlMTk4ZjNiM2U3NzM2ZDA
Join slack to discuss :)
Note
Ignore the bottom most extreme line :)Note
Please also ignore the "time frame" of each line. I drew the lines not looking at the "day" it will retrace/go up. I just wanted to clearly display the possible scenarios (short term).Trade closed: target reached
Bullish confirmation for first scenario. Closing this idea.Please check new 4 hour study in this link.
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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.