After breaking the bearish channel, GBP is trying to fake out a reversal. Despite the lack of bull volumes, another drop is expected to gather more liquidity.
Amid the recent news on the USD and expected future Drops in the DXY index, we might expect a small bull run on the total Crypto Market Cap as liquidity will be slightly shifted to Crypto. BTC will try for a small bull reversal breaking the 1 Day bear channel that will likely fail after approaching the 29K Zone unless something fundamental occurs in the...
Reversal is expected due to market exhaustion, Oversold market on the 4h chart, retesting support multiple times on the 4 hours chart, consolidation possible in the zone before taking off
We could see a remarkable CAD strength in the past Days, while having mixed emotions about the future of USD, A slight weakness in USD will result in a mini bear after executing a harmonic pattern and holding a solid resistance zone.
Over the 15 mins Chart, BTC trying to gather some liquidity and volume and pull to adjust the consecutive imbalance of bearish candles. an upcoming few days of volatility between the Fib levels of 38.9 and 78.6%, before pulling up in a strong momentum and hit somewhere between 42800 and 43200.
