Hello folks! Couple days ago, I shared with you a diamond pattern that occured on h4 chart and made a clean breakup (as predicted) BUT due to some negative news (most probably related with OKEx), now it is invalidated and price is sideways - awful. Even so, BTC price is inside an important channel (grey one) that has it's weekly S/R at $11.000/$11.920 - so any break above or below these levels should be taken in consideration. For now, $10.355 is kinda key level (for this sideways movements), and if we keep it below we'll most probably go retest $11.040 (38.2 fib retr level). If not, and we close this week above this level, we'll probably go to retest $12.100 (31.2 fib extension level). Keep in touch and stay safe!
This is not financial advice!
Diversity your portofolio!
This is not financial advice!
Diversity your portofolio!