BTC found new life the last two days pushing up while leaving quite a bit of liquidity below as downward rocket fuel.
We have strong resistance at 104,800 zone above. We could get a pump candle wick to the upside and reject from there. It would bring in the heavy fomo and activate gravity below.
The mini range we are currently in (the flag) has nice value areas that have ping ponged us along this mini point of control prepping for continuation or a strong reversal. We cannot stay here much longer.
Nami indicator below us is showing RSI and momentum moving down while moneyflow is looking higher. Mixed signals can indicate manipulation. So while everyone screams for the moon, correction is the fuel to get there.
There is a nice previous week high + 27.9 breaker block around 98,000.
Not ever financial advice.
We have strong resistance at 104,800 zone above. We could get a pump candle wick to the upside and reject from there. It would bring in the heavy fomo and activate gravity below.
The mini range we are currently in (the flag) has nice value areas that have ping ponged us along this mini point of control prepping for continuation or a strong reversal. We cannot stay here much longer.
Nami indicator below us is showing RSI and momentum moving down while moneyflow is looking higher. Mixed signals can indicate manipulation. So while everyone screams for the moon, correction is the fuel to get there.
There is a nice previous week high + 27.9 breaker block around 98,000.
Not ever financial advice.
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***Get 25% off Nami indicators - nami-trading.com/?dt_id=1375915
***CRYPTO TAXES use KOINLY - koinly.io/?via=97548A41&utm_source=affiliate
***JOIN TRADINGVIEW tradingview.com/?aff_id=137
***CRYPTO TAXES use KOINLY - koinly.io/?via=97548A41&utm_source=affiliate
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.