Cool and gentle Sunday, hey everyone!! ❤️
💥 Yesterday afternoon, friend G posted to give a heads-up about the upcoming changes as usual, but maybe the exchange was busy or something, so many of you saw it but many did not, and last night, when some of you commented asking, G realized and decided to share it again.
💥 Today, I just want to add that H4 has a potential bullish divergence, but whatever potential there is, we need to wait for confirmation through the price levels first, or else we could still fall into a regular trap 😁
💥 The path G mentioned was also completed last night. And since it’s still sideways, everything remains the same for you guys:
💥 Resistance: 104.9 - 106 - 106.5
Support: 104 - 103 - 102.2 - 101
💥 Only a good break above 106.5 will confirm the reversal. Otherwise, it’s still just a technical move.
As long as we stay within a narrow range, we will bounce, just not sure whether it will be up or down first 😆 Regarding BTC, G also mentioned two weeks ago that the larger timeframes from D1 to M are too strong, so a correction is needed. So right now, we are okay until D3. There is still a possibility of further adjustments, which is why we need to keep an eye on it.
💥 The price I just mentioned is the closing price of the H1 candle.
--- Love all ---
