$BTC 1H
As stated in the previous review, the BTC price has updated its local minimum. We reached 26300 and even almost reached the target of 25950 (new low 25990). Congratulations to everyone who shorted this movement on their profit💶
What am I looking forward to next?
The situation is starting to look more and more like a long one. At a minimum, there is a bullish divergence on the hourly clock, which has already begun to work out. Technically, many could place their buy orders in the area of 25900-25950, so we almost didn’t get there. Some longist passengers were dropped, while others were not picked up as much.
I think there is a high probability of reaching 26240 (EMA-20 1h) or 26300 again. If we get a rebound from these levels, then this will be a reason to take a long position, all with the same growth targets of 27000+. In case of a spill below 26200, I would wait with longs until 25950 or even 25600-.
Your Mark
As stated in the previous review, the BTC price has updated its local minimum. We reached 26300 and even almost reached the target of 25950 (new low 25990). Congratulations to everyone who shorted this movement on their profit💶
What am I looking forward to next?
The situation is starting to look more and more like a long one. At a minimum, there is a bullish divergence on the hourly clock, which has already begun to work out. Technically, many could place their buy orders in the area of 25900-25950, so we almost didn’t get there. Some longist passengers were dropped, while others were not picked up as much.
I think there is a high probability of reaching 26240 (EMA-20 1h) or 26300 again. If we get a rebound from these levels, then this will be a reason to take a long position, all with the same growth targets of 27000+. In case of a spill below 26200, I would wait with longs until 25950 or even 25600-.
Your Mark