BTC has been holding the median of the pitchfork very nicely after the drop from 4 days ago, and is now in a local uptrend.
Also, for now we don't have a lot of people longing, however we are in the weekend, so this could change tomorrow after the weekend is over. But it's still something to be aware of.
Anyways, we have a very defined range in my opinion:
As long as we hold the 63k area (daily + fib golden pocket + pitchfork median) we can expect higher.
If we break it, next support is the weekly at 60.9k
To the upside, we still have the big resistance area at 66-67k (2 daily levels + fib golden pocket)
Any questions?
Good luck traders
Remember not to break your rules
Habib
Also, for now we don't have a lot of people longing, however we are in the weekend, so this could change tomorrow after the weekend is over. But it's still something to be aware of.
Anyways, we have a very defined range in my opinion:
As long as we hold the 63k area (daily + fib golden pocket + pitchfork median) we can expect higher.
If we break it, next support is the weekly at 60.9k
To the upside, we still have the big resistance area at 66-67k (2 daily levels + fib golden pocket)
Any questions?
Good luck traders
Remember not to break your rules
Habib
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