Watching for 37-37.1K area
Morning folks,
BTC is exploiting the same ETF topic, coming to the target of our 3-Drive "Sell" pattern. Major context remains bullish, so we do not consider taking any shorts. Although scalp traders, could start watching for bearish patterns on 30 min and below around 37K area, if reaction on 3-Drive starts.
If 3-Drive works properly, we could get some deep for taking long position. Invalidation point of short term context stands around 33.30 lows of current consolidation. Market has to stay above them to keep bullish sentiment.
BTC is exploiting the same ETF topic, coming to the target of our 3-Drive "Sell" pattern. Major context remains bullish, so we do not consider taking any shorts. Although scalp traders, could start watching for bearish patterns on 30 min and below around 37K area, if reaction on 3-Drive starts.
If 3-Drive works properly, we could get some deep for taking long position. Invalidation point of short term context stands around 33.30 lows of current consolidation. Market has to stay above them to keep bullish sentiment.
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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