CapMoore

BTCUSD CORRECTION LEVELS !!!

Largo
BITSTAMP:BTCUSD   Bitcoin
Intermediate support @ 54600
Strong Support @ 52400 (38,2 Fib of recent upswing/50% Fib of correction leg/Lower Pitchfork band/Daily Kijun Sen (Ichimoku equilibrium line-white line))

We might be seeing a whale push today, and the dream level for them is the 52400 level with confluence support
which give a strong push back up.

Any close below the lower band of the pitchfork and a strong close below 52400 on the daily timeframe will likely push price lower
towards previous lows. This may also throw BTC into a longer consolidation phase, or even deeper correction. THese bearish scenarios
are improbable (perhaps less that 15%(
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.