BTC - Targeting 11800
Comment:
if BTC drops before 11800 it should bounce at the 8800 to 8500 region
Comment:
BTC may also stop at the 10300 area
Comment:
Note ...if BTC is unable to move above 9803 and breaks the support at 9560 its going to move to 9260 and possible lower
Comment:
note: there is also an alternative path to 10300 which forms a cup and handle to 13400
so its either:
Bullish: BTC moves above 9803 to get to 10300 .
or
Bearish : BTC breaks down to the 8600 area which will invalidate the cup and handle
so its either:
Bullish: BTC moves above 9803 to get to 10300 .
or
Bearish : BTC breaks down to the 8600 area which will invalidate the cup and handle