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Tactical pause is necessary

Satış
COINBASE:BTCUSD   Bitcoin
Morning folks,

So, 47.2K target is also completed. The next one is 50.50-52K, which is a big monthly cluster, including upside weekly XOP target, our XOP here, from reverse H&S target that we're trading now (it stands around 50.50K), Yearly Pivot Resistance 1.

But for now it seems market needs some tactical pause. Now major 5/8 monthly Fib resistance is hit, and price is overbought on daily chart. Thus, appearing of small 1H H&S pattern could trigger tactical natural pullback before market will proceed to the next target

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.