We got the breakout of the Oh so important resistance level of 59638.5. So I would be watching that level for a possible retest and hold of support. For possible entries aiming of course for the all time high of 61900.0
So the King, AKA . . . #BITCOIN is fighting with resistance. I do have support below it just a bit, remember we let price tell us what is support and resistance, but we have a small idea as to where that may happen.
AUDCHF is coming into daily, weekly and monthly resistance. Today is the end of month as well as 1st quarter 2021. This has been bullish for 4 straight quarters. Is it going to stall out today. Are we in for a correction?
So I just want to see what the next 3 days of the dxy have in store, as we are above a very interesting technical level for now, however I know I'm not alone in watching the next 3 days, Didn't Russell Crowe play in that movie?
The trade was a buy. This morning after the intraday range stops were smoked both shorts and early longs. But as long as it closes the current 4 hour candle above 1.19637 I think its still valid to take out target. Entry was 1.19337 stop was 1.19333. Already took 2/3 profits off the table, expecting target 2 to be hit. Where at that point reload sellers will be...
Bitcoin has broken out thanks to a tweet by Elon Musk, yep thats right. Elon has influenced many moves in the markets this week, so Im sure its only a matter of time before the S.E.C. is sticking a fine to him. However it is great that he did it, because it was starting to seem stuck in that descending wedge.