Update on BTC fractal repetition 25th of January 2021
This is somewhat the bullish outcome out of this consolidation that we had after hitting ATH at almost 42k.
The next target should be above 46k for the bulls, or below 30k for the bears.
We got a fake brake out as shown on the fractal, but we bounced off support at 30-31k level and have pushed for 2500usd in just a matter of hours, following up on the fractal respectively.
Lets see what's going to come up out of Monday.
Not financial Advice.
DYOR
Cheers!
The next target should be above 46k for the bulls, or below 30k for the bears.
We got a fake brake out as shown on the fractal, but we bounced off support at 30-31k level and have pushed for 2500usd in just a matter of hours, following up on the fractal respectively.
Lets see what's going to come up out of Monday.
Not financial Advice.
DYOR
Cheers!
Trade closed: target reached:
Cant describe with words that timing the market is really the key, but fractal played out almost perfectly, I just didn't place it and scale it good enough. Target is hit 100%.