Last week we seen a lot of Positive sentiment analysis and TA. I personally release 3 TA/Sentiment posts on the subject.
So in the last hours we achieved the 69.18k target and went above for few hundreds before going back.
Now the question is, how much we go down without breaking the structure?
BULL: After reaching 66.6k, the price Could oscillate above this support, with minor wicks below. In this case, sentiment should be positive and Spot strong (ETFs will help?) Kangaroo: Range between 65 and 66.6k Bear: Close below 65k and 64.4k , pivoting Below with bad sentiment.
For now on, along this week, this is the TA and I should only post about Sentiment analysis IF Applicable.
Sentiment analysis can change every 4h or keep like it for a week. So never forget about it when you see a release please.
And that is why I don't make TA updates and Sentiment updates together and I don't event update sentiment as a BTC (project) update.
Balance your risk and sleep well!
Middle Term update October and November
Ps: This Chart will be featured on the end of the month with this weeks closing (i know is monday yet.. but we foresee things in Cyrator!) so don't take it as a solid analysis but a probable scenario according to our capacities.
We are opening targets to U$ 75.2k and U$ 83.245k if we go up (and not lose 65 to 66.6k)
57.4 to 58.2 can haunt us if we close the week below 64.4. Show Less
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