Update following previous post!
As said on previous post, "price reaction towards/between these ($29k/33k) zones will very much determine if we're still bearish or the bull's here."
what now? bulls or bears?
Oh well, after the bull-rally into these ($29k/33k) zones of key-levels, price failed to break above/continue to the upside.. And also, we've seen price creating and have formed a bearish pattern on the 1D/4H TF creating structures low... "lower highs and lower lows"
Quick Sumup: Bearish trend confirmed, our potential targets are $21,000 - $18,000 lows!
As said on previous post, "price reaction towards/between these ($29k/33k) zones will very much determine if we're still bearish or the bull's here."
what now? bulls or bears?
Oh well, after the bull-rally into these ($29k/33k) zones of key-levels, price failed to break above/continue to the upside.. And also, we've seen price creating and have formed a bearish pattern on the 1D/4H TF creating structures low... "lower highs and lower lows"
Quick Sumup: Bearish trend confirmed, our potential targets are $21,000 - $18,000 lows!