Bitcoin Rally Incoming
Bitcoin has been retracing from 26700 levels where the Fresh Left Shoulder of this entire bull run was located.
1. If 26260 was broken, the fall would have continued.
2. Another Important zone was the Left shoulder of this reaction from 26700, located at 28275-28675.
3. This zone successfully defended the price and now price is going to test the decision point 31400.
4. If 32067 is broken convincingly, we are in a short term rally to 44200 levels.
1. If 26260 was broken, the fall would have continued.
2. Another Important zone was the Left shoulder of this reaction from 26700, located at 28275-28675.
3. This zone successfully defended the price and now price is going to test the decision point 31400.
4. If 32067 is broken convincingly, we are in a short term rally to 44200 levels.
Comment:
30400 done
Trade active:
31700 DONE! 32100 INCOMING. 38K AND 44200.
Comment:
32067 Achieved.
Trade closed: stop reached