This is likely the simplest chart and it's a promising one:
๐ธSupport at 26965 is a Major one (mid channel) and allows us a great entry (or re-entry).
The question i have been receiving the past days is: 'hey Prof, is this a good time to enter now?'... My answer is a yes, as per usual. Given the support i mentioned at 26965 one can trade with a plan.
The main Target is 36900 (end of channel) with a possibility for 42700 (The strongest S/R level or blue level on the chart). That would be my end target for the summer (end of July-early August according to my analysis and my humble opinion).
๐ธ Similar levels with my earlier charts/posts here:
and
Let me know your thoughts with a comment.
One Love,
The FXPROFESSOR ๐ธ
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Price has secondary support at 27800 and 27470 If those levels are lost we are looking for a rebound at 26776.
Keep you posted
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Update video you must watch:
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here we GO!!!
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#OKXIDEAS Update:
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CPI: Inflation report about to give us a rebound?
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Major support:
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BTC Update: 26880 is now Resistance after the selling pressure pushed BTC lower.
IF we can break over 26880 it would be a great, maybe last big opportunity to BUY!
IF again BTC gets rejected there then we need to prepare for the bad scenario.