Very quick update:
BTC ended up pushing above the highs @22.5k with a failed auction
The rejection has been very strong until now so this being an important high is probable
Here, again I'm looking at the 20.5-20.8k area
If we lose it I would honestly expect a break of the lows at 17.5k
If we move back up first target is 23.5-24k, which if we break we can expect quick moves much higher
Any questions?
Good luck traders
Remember not to break your rules
Habib
BTC ended up pushing above the highs @22.5k with a failed auction
The rejection has been very strong until now so this being an important high is probable
Here, again I'm looking at the 20.5-20.8k area
If we lose it I would honestly expect a break of the lows at 17.5k
If we move back up first target is 23.5-24k, which if we break we can expect quick moves much higher
Any questions?
Good luck traders
Remember not to break your rules
Habib
