BTCUSD Bounce at $10k

Updating my last pitchfork idea for BTCUSD here, I think we will complete the edge to edge by testing the $10k price range. This is using an updated chart index I threw together compiling 8 difference exchanges across 4 different countries/currencies. Watch for price action to bounce on significant volume from this area. If we break the pitchfork all bets are off and I would wait to open long positions. This also aligns with my bearish gartley call a week or two ago with the targets being teh 1.272 and 1.618 fib extensions of the CD wave.



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Upper target hit

Kommentar:

Bounced off of 0.618 fib line as a retest, resistance held and now we are looking to break the pitchfork. See my more recent posts for targets.