Morning folks,
All markets in general and BTC in particular have got a liquidity injections due massive interventions by PBoC, BoJ and SNB in recent 2-3 sessions. This factor intrudes technical picture and has turned it bullish. Still, we think that it is not reliable and could easy go as easy it has come.
Thus, we treat current action as technical pullback. Here we have to watch for two moments. First is nearest upside target is 21.5-21.6K that could be reached. Second - market now stands at resistance. If BTC fails to break it, and returns back in consolidation - do not take long position.
All markets in general and BTC in particular have got a liquidity injections due massive interventions by PBoC, BoJ and SNB in recent 2-3 sessions. This factor intrudes technical picture and has turned it bullish. Still, we think that it is not reliable and could easy go as easy it has come.
Thus, we treat current action as technical pullback. Here we have to watch for two moments. First is nearest upside target is 21.5-21.6K that could be reached. Second - market now stands at resistance. If BTC fails to break it, and returns back in consolidation - do not take long position.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.