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Keep your eyes peeled at the support trendline. It could fly from here for 1.25300 level. But this can happen only after two consecutive positive close.
As per the S RSI, it’s under downtrend. Hence, complete breakout means a direct target of 1.21000.
Note: beware to fakeout.
As per the chart, Bitcoin can move upside up to 8200 – 8400 after breakout of the blue line.
Overall it’s under downtrend. BTC/USD will fall soon for 7000 – 6500 – 6000 below levels. Follow the upper trendline for accurate entry.
Additional: start making the short position below the orange line for the above targets
What had i said about GBPUSD 24th oct 2018 @ 22:05 (IST)? click here.
OUR PREFERENCE
Position Below 1.29248 with targets 1.28681 – 1.27943 – 1.27136 in extension.
ALTERNATIVE SCENARIO
Below 1.29248 look for further downside with 1.29841 – 1.30234 as targets.
GBPUSD ALL TARGETS HAS BEEN ACHIEVED.
OUR PREFERENCE
Position Above 112.825 with targets 112.965 – 113.073 – 113.114 in extension.
ALTERNATIVE SCENARIO
Below 112.825 look for further downside with 112.752 – 112.713 as targets.
