BTCUSDT CHART IDEA 1
BTC is going through the ABC corrective phase and I think we have almost completed the C Wave. This will be invalidated if it breaks the previous swing and makes a LL on the Daily TF.
It broke out of the BULL PENANNT, long term target is $88,000.
Currently holding the 55 EMA on the daily which is strong support and normally bullish for continuation.
Black Swan event like the Poland border crossing is a warning to crypto and the stock market. Money is flowing back into the dollar and the interest rates are starting to rise.
The charts have just reversed a huge bearish trend which means everyone will get REKT, be cautious.
Buy Zones are set.
Targets are to be met.
Stop loss 1%.
Not Financial Advice.
It broke out of the BULL PENANNT, long term target is $88,000.
Currently holding the 55 EMA on the daily which is strong support and normally bullish for continuation.
Black Swan event like the Poland border crossing is a warning to crypto and the stock market. Money is flowing back into the dollar and the interest rates are starting to rise.
The charts have just reversed a huge bearish trend which means everyone will get REKT, be cautious.
Buy Zones are set.
Targets are to be met.
Stop loss 1%.
Not Financial Advice.
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