Hello, as title said,
BTC need to reclaim 17600 that is the 3AC capitulation candle low, a close above with a nice Binance/FTX deal would bring some nice upward volatility.
Better not short here, instead is better wait a possible news related to Binance/FTX drama deal.
So you wait a reclaim of the line for a LONG
or a retest as bearish breakdown for a SHORT.
Anyway the final target is 10k-12k (not excluding a wick below)
BTC need to reclaim 17600 that is the 3AC capitulation candle low, a close above with a nice Binance/FTX deal would bring some nice upward volatility.
Better not short here, instead is better wait a possible news related to Binance/FTX drama deal.
So you wait a reclaim of the line for a LONG
or a retest as bearish breakdown for a SHORT.
Anyway the final target is 10k-12k (not excluding a wick below)
Comment:
WEEKLY LEVEL OF BUY ZONE