This is likely the simplest chart and it's a promising one:
πΈSupport at 26965 is a Major one (mid channel) and allows us a great entry (or re-entry).
The question i have been receiving the past days is: 'hey Prof, is this a good time to enter now?'... My answer is a yes, as per usual. Given the support i mentioned at 26965 one can trade with a plan.
The main Target is 36900 (end of channel) with a possibility for 42700 (The strongest S/R level or blue level on the chart). That would be my end target for the summer (end of July-early August according to my analysis and my humble opinion).
πΈ Similar levels with my earlier charts/posts here:
and
Let me know your thoughts with a comment.
One Love,
The FXPROFESSOR πΈ
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Price has secondary support at 27800 and 27470 If those levels are lost we are looking for a rebound at 26776.
Keep you posted
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Update video you must watch:
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here we GO!!!
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#OKXIDEAS Update:
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CPI: Inflation report about to give us a rebound?
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Major support:
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BTC Update: 26880 is now Resistance after the selling pressure pushed BTC lower.
IF we can break over 26880 it would be a great, maybe last big opportunity to BUY!
IF again BTC gets rejected there then we need to prepare for the bad scenario.
My father always told me βaye son! when you got stuck in life, one thing you should never forget is that you should always zoom outβ. βZoom out sonβ he said. Now, iβm looking at the graph and yea it doesnβt only talk about a typical bullish narrative but supports and proves the view. Thank you Sensei Fx_Professor and thank you father!
FX_Professor
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@Tsusanj thanksy for lovely comment πβΊοΈπ