With Bitcoin current trading below the half quarter of 7500 and with the amount of supply / wicks on the candles we can see... it leads me to believe we may start the new weekly candlestick of July 23 with a BEARISH movement. As of right now, I am targeting 7200-7100 and will be anticipating shorts on ETHUSD and XRPUSD as well. The profit taking could occur across the board in the Cryptocurrency market to start off the week as we do also have a FULL MOON on July 27!
High likelyhood to see this pullback occur and then we could get the setup that brings price over 8000 before the August 10 Bitcoin ETF decision that the SEC will be making. Trading of course involves risk if you are participating with real money and because I am not a financial adviser please hold yourself accountable for any action you take!
There are many factors that I could list detailing WHY I am looking for this movement to happen and they will be discussed on live stream this week :)
High likelyhood to see this pullback occur and then we could get the setup that brings price over 8000 before the August 10 Bitcoin ETF decision that the SEC will be making. Trading of course involves risk if you are participating with real money and because I am not a financial adviser please hold yourself accountable for any action you take!
There are many factors that I could list detailing WHY I am looking for this movement to happen and they will be discussed on live stream this week :)