Nice day ❤️
Friend G takes advantage of posting before going to work to ease the family's anxiety:
💥 So yesterday the price has completely gone through both Target and Support bG note.
Currently, it is sideway/correcting and accumulating. Specifically:
💥 H1 & H4: healthy technical pullback. H1 still has correction pressure, so it can pull H4 to adjust further
--> Support: 119.5-119.2-118.6-118.2
--> Holding this area, after cooling down from summer, BTC can still create a bottom and bounce back to retest the usual peak.
💥 D1 is still in a strong uptrend and the pullback range on this frame is: 116.5-115.5 (after a spectacular increase from 107-123 thanks to expectations about the crypto bill being discussed during crypto week and voted on this weekend 😶)
--> A strong rise means a wider pullback range. But if the candle closes below 118.5, then we will consider reversal signals.
💥 Tonight the CPI news is coming out.
💥 The important price levels of bG are all calculated based on H1 candle close.
💥 Discipline, good capital management, avoid fomo.
💥 Personal opinion, not investment advice. This season is sensitive, prioritize short-term to limit risks, everyone!!!