Indeks BitcoinDiupdate $BTC -Range Bound *12hr
- BTC continues trading within a Tight Range of 2K,
dancing tango with range's bottom and ceiling,
until it doesn't.
40.000$+ per #Bitcoin is not as far fetched from here,
all Bitcoin gots to do is break current range to the upside before resuming higher.
Besides that, the awaiting Feds Rate Hike decision will impact direction ofBTC
and other Financial Market sectors.
Breaking down from the range, upcoming supports are EMA200 catching up to 12Hr(tf),
Demand Zone during impulsive price action in 1Hr(tf) + a small support trendline.
If all these zones fail to provide support assuming a range breakdown headed South,
watch for S/R zone 24K-25K to catch a decent bounce,
welcoming great probability outcome Longing on Derivatives .
Remain Patient !
Until the next confirmation
TRADE SAFE
*** Note that this is not Financial Advice .
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based solely on this Idea
BTC continues trading within a Tight Range of 2K, dancing tango with range's bottom and ceiling,
until it doesn't.
40.000$+ per #Bitcoin is not as far fetched from here,
all Bitcoin gots to do is break current range to the upside before resuming higher.
Besides that, the awaiting Feds Rate Hike decision will impact direction of
BTCand other Financial Market sectors.
Breaking down from the range, upcoming supports are EMA200 catching up to 12Hr(tf),
Demand Zone during impulsive price action in 1Hr(tf) + a small support trendline.
If all these zones fail to provide support assuming a range breakdown headed South,
watch for S/R zone 24K-25K to catch a decent bounce,
welcoming great probability outcome Longing on Derivatives .
Remain Patient !
Until the next confirmation
TRADE SAFE
*** Note that this is not Financial Advice .
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based solely on this Idea
Catatan
Catatan
40.000$ scenario *D
Range's Ceiling yet to be broken for more confirmations
Check out the idea 'The Struggles Continue' for *W (tf) OB targets and different perspective
Catatan
XBT continues struggling*D (tf)
Looking for lower targets
Price label at trendline support
(TA bounce opportunity)
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