Posted a short term chart yesterday. Here's my longer term analysis. Price is holding the 236 FIB on this pull back from the ATH test. I'll be watching for either a break of the highs or a deeper pullback.
The larger green box would offer a great place to add or start a new position. If it stays bullish and breaks out to new highs the extensions would provide plenty of room to the upside. The measurement
of the range implies an upside target of 36000. Check out my short term chart below. BTCUSD is already breaking from the short term base.
The larger green box would offer a great place to add or start a new position. If it stays bullish and breaks out to new highs the extensions would provide plenty of room to the upside. The measurement
of the range implies an upside target of 36000. Check out my short term chart below. BTCUSD is already breaking from the short term base.
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Was hoping for a deeper pull back to add, but BTC wanted new highs. Just another 4500$ to hit the first extension. lol
