BTC: Previous Target Achieved - Small Relief Bounce Possible
Congratulations to who may have profited from our short call for the past week.
We have made an observation on a previous fractal that may have finalized our drop on the previous post.
Bitcoin is currently trading 11% down in the past 24 hours and is now testing major confluent psychological support for the bulls. This may be a small opportunity to open a long position for the short term or intraday traders. As there might be a small relief rally with Ethereum, BItcoin can most definitely follow a similar footpath.
Remember, the arrows are not exactly what might happen, but the overall direction or idea is what we are trying to portray. We will be uploading a new idea for the longer time frames shortly after.
Trade Safe.
X Force
We have made an observation on a previous fractal that may have finalized our drop on the previous post.
Bitcoin is currently trading 11% down in the past 24 hours and is now testing major confluent psychological support for the bulls. This may be a small opportunity to open a long position for the short term or intraday traders. As there might be a small relief rally with Ethereum, BItcoin can most definitely follow a similar footpath.
Remember, the arrows are not exactly what might happen, but the overall direction or idea is what we are trying to portray. We will be uploading a new idea for the longer time frames shortly after.
Trade Safe.
X Force
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