44K or 62K
Greetings everybody,
So, bounce that we've discussed last time is started. And BTC is already at the 1st Fib resistance area of 57K. On intraday chart we have AB-CD pattern with the target around 63.2K that perfectly Agrees with next 5/8 Fib level at 62K area.
If market will fail to break 57K up, we do not exclude appearing of downside butterfly and attempt to complete major downside target at 44K area
So, bounce that we've discussed last time is started. And BTC is already at the 1st Fib resistance area of 57K. On intraday chart we have AB-CD pattern with the target around 63.2K that perfectly Agrees with next 5/8 Fib level at 62K area.
If market will fail to break 57K up, we do not exclude appearing of downside butterfly and attempt to complete major downside target at 44K area
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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