Price has broken out and held above the range, which I think has created the conditions for 2 additional higher highs to breach the liquidity pool above $66K.
Following the first HH, price should find support at the mid-line of the range. The second HH should then correct to the bottom of the range at the end of the month.
Following the first HH, price should find support at the mid-line of the range. The second HH should then correct to the bottom of the range at the end of the month.
Note
Note
I think we will fail to break to a HH right now, and drop to bounce on 64222. This would mean a higher final targetNote
Could see some very short term volatilityNote
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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.