BTCUSD evening analysis
Technical analysis of BTCUSD.
With rejection of price from ATH, this idea imagines price action since March 2024 as a zigzag, with leading/expanding diagonal A, double-three B, impulse C.
Next week's election certainly could be a catalyst for such a move.
The most bullish C would finish above the A, with strong .618 fib support and pitchfork support in the 58.5k area.
With rejection of price from ATH, this idea imagines price action since March 2024 as a zigzag, with leading/expanding diagonal A, double-three B, impulse C.
Next week's election certainly could be a catalyst for such a move.
The most bullish C would finish above the A, with strong .618 fib support and pitchfork support in the 58.5k area.
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