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Few dry numbers

201
Morning guys,

So, our daily XOP 6.3K target mostly is hit as well. This is vital area for long-term BTC perspective. If market will not able to hold above 6.3-7.2K Agreement area (agreement of 6.3 target and major 5/8 Fib support) - it turns to
downtrend on weekly. So:

Drop below 6.3 and moving toward 6K will mean that we're going to 4.2K
Drop below 4.2K will lead us to ultimate all time target around 1.8-2K

If price will able to hold above 6.3-7.2K - BTC will keep chances on upside continuation but it needs some tome to wait when clear bullish patterns will be formed.

In short-term (in few hours), bull scalpers could try to take long position around 6.3K area, because at least minor pullback should happen, I suppose. Move stops at breakeven as soon as possible. Use 4H butterfly "Buy" for this purpose.
Bears that do not have any position right now should do nothing - wait for pullback.

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