Bitcoin / U.S. Dollar, 1h_ Under_ Trading_Venue_ Coinbase!
Bitcoin / U.S. Dollar, 1h_ Under_ Trading_Venue_ Coinbase!
Moving accordantly and at the same time we collect what to expect as already some mess is created while is moving up!
Lets cover those mess and breakdown the distribution price at the same time!
Until Market is at the Advance stage we will be expecting small lower decline! Advance stage = Market must:
(a) Confirmed Support without the shadow above April previous high.
(b) One Final Retest must hold within the key level of previous high of April!
(c) Further support confirmation above both April and previous support.
Until the above is not confirmed we will simply work within the Accumulation area!
However, Expecting more prices as below and we move step by step with the market preferably 2 step ahead!
Next Prices:
$64,294.60
$64,769.37
$66,522.37
$66,741.49
$67,106.70
$68,421.45
$68,859.70
Distribution price, $68,896.22, $69,663.16.
If Support not confirmed we will be facing the red area as the distribution price failed to support the whole month of April!
Moving accordantly and at the same time we collect what to expect as already some mess is created while is moving up!
Lets cover those mess and breakdown the distribution price at the same time!
Until Market is at the Advance stage we will be expecting small lower decline! Advance stage = Market must:
(a) Confirmed Support without the shadow above April previous high.
(b) One Final Retest must hold within the key level of previous high of April!
(c) Further support confirmation above both April and previous support.
Until the above is not confirmed we will simply work within the Accumulation area!
However, Expecting more prices as below and we move step by step with the market preferably 2 step ahead!
Next Prices:
$64,294.60
$64,769.37
$66,522.37
$66,741.49
$67,106.70
$68,421.45
$68,859.70
Distribution price, $68,896.22, $69,663.16.
If Support not confirmed we will be facing the red area as the distribution price failed to support the whole month of April!