I'm keeping this short as its a continuation of the previous BTC posts. Links provided below. I made a post yesterday on the SP500, which also has some relevant information on the general market and so far they are also bullish. Note USD DXY dropping today\yesterday.
My THOUGHTS: ========================= > My 1st harmonic target was hit some time back and like my previous post indicated, we have compounded harmonics which is a bullish boost. > ALTs being dumped for BTC hence BTC dominance going up. Refer to link below > Looking at the indicators along with the structure of the daily candle sticks, etc, there is still more upward pressure, which makes me look at 2 more targets. > I see 11950 to 12050 as the main temporary resistance, if there is one.
I also have these structures as significance, bullish setup
note newly CME gap closed
Please give me a like or tick for this post.
Regards, S.SAri
3 Day chart, indicators are still upward pressure
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This level equates to the alternate BAT pattern target.
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This might help knowing when we reach the target, BTC dominance
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I'm thinking 12940 next target. Major resistance is the 0.618 fib level