BTCUSD-- Daily timeframe analysis

已更新

Here's a view from a step back using 24H candles to take a
look at where we can anticipate price moving throughout
the month of August. Be sure to check out some more
upclose ideas on the same pair in the related ideas section
below. Like comment, and subscribe!

Happy trading, and good luck!

交易進行

Looking for daily candles to continue respecting lows, and clear breaks and retests of fibo levels demonstrated in the publishing. the next current level we need to close above is the .382 (24,500 level) before we can take another breath on our way to our target level of 26,500.

Be sure to monitor the DXY closely, as our team is currently risking in the market as though the USD has reached its low point of the most recent correction just below 105.0, and will continue bullish from there. This is imperative because of the obvious correlation and influence the Dollar has on BTC, and a resuming of bullish activity on the DXY could create some volatility here.

Happy trading, and good luck!