BTC short term:Market moves faster in the direction of the trend

2019年7月27日

BTCUSD
In this video, I am building a case of a 9000 bottom. Over a short term we should see the retest to the 11200 resistance followed by 11500 price target. If market doesn't revisit those levels in coming week then we need to revisit if the bullish case holds.

2019年7月27日

註釋

The market has moved south below the 9500 levels. 9050 is a key level to hold the bullish view. If we see full retracement to 9050 then bearish alternate will take precedence. A break above 11200, bullish and a break below 9050 bearish

2019年7月31日

註釋

We have survived 9050 target and market is turning again. For now, we are looking 10200 for the early signs of reversal. Break above 10200 will favour the bullish alternate