As I said in my last post, if we break back above 33.5k look for a move to 34.5-35k, this is what we are getting now with BTC which pushed to the POC at 34.6k and is rejecting it.
Now BTC is in a mini range, with the POC being the top of the range and the old golden fib pocket (33.9-34k) which was resistance and is now support (low of the range).
Now we wait for a break to either side of the range and look for continuation, so long for break above and short for a break to the downside.
Any questions?
Good luck traders
Remember not to break your rules
Habib
Now BTC is in a mini range, with the POC being the top of the range and the old golden fib pocket (33.9-34k) which was resistance and is now support (low of the range).
Now we wait for a break to either side of the range and look for continuation, so long for break above and short for a break to the downside.
Any questions?
Good luck traders
Remember not to break your rules
Habib