$BTC
CPI day took out my 73,510 line. The daily close didn't.
Tuesday (Nov 10) wicked to 72,727, about 1.1% under Sunday's low, then closed at 73,796. Wednesday closed at 74,015. So no confirmed breakdown. No reclaim either.
Levels I'm watching:
- 72,727: Tuesday's low. A daily close under it is the real break
- 74,851: this week's open. Price is 73,747, so week six is red for now
- 76,416: Nov 6 high. Still the level that ends the lower highs
Five red weeks already. Sunday decides if it's six.
Weekly close above or below 74,851? NFA.
#HotCPIDecemberHikePriced
CPI day took out my 73,510 line. The daily close didn't.
Tuesday (Nov 10) wicked to 72,727, about 1.1% under Sunday's low, then closed at 73,796. Wednesday closed at 74,015. So no confirmed breakdown. No reclaim either.
Levels I'm watching:
- 72,727: Tuesday's low. A daily close under it is the real break
- 74,851: this week's open. Price is 73,747, so week six is red for now
- 76,416: Nov 6 high. Still the level that ends the lower highs
Five red weeks already. Sunday decides if it's six.
Weekly close above or below 74,851? NFA.
#HotCPIDecemberHikePriced
