This video is update for previous one. Combination of 2 lows as support zone was worked and bulls came to market after taking the sell side liquidity. Drop-Base-Rally pattern formed and BTC reversed up.
As I told you first target was bearish trendline which now is touched. 2 important zones now you have to watch:
1) Support zone below current price ( Gold, $55,600 - $55900 )
2) Resistance zone above current price ( Red, $59,142 - $60,000 )
As a trader you have to update your drawing after every breakout/touching. Also you can check my analysis in TOTAL + DXY chart for better understand of investing in Crypto Market👇🏽
** Jerome Powell words pushed current daily candle on DXY higher. Hawkish Powell's tone strengthened the US dollar and downgraded stocks / crypto. **
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
As I told you first target was bearish trendline which now is touched. 2 important zones now you have to watch:
1) Support zone below current price ( Gold, $55,600 - $55900 )
2) Resistance zone above current price ( Red, $59,142 - $60,000 )
As a trader you have to update your drawing after every breakout/touching. Also you can check my analysis in TOTAL + DXY chart for better understand of investing in Crypto Market👇🏽
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
