Hello there,
BTCUSD drops for a potential bullish pullback; the 63263 area is a key reversal area for bulls, and the targets are 67863 and 70000 for a bias of 71415.
Now, the 60000 is a strong support area, so if (Y) is broken, the bearish momentum would overcome the bulls and that will invalidate the setup.
Happy Trading,
K.
BTCUSD drops for a potential bullish pullback; the 63263 area is a key reversal area for bulls, and the targets are 67863 and 70000 for a bias of 71415.
Now, the 60000 is a strong support area, so if (Y) is broken, the bearish momentum would overcome the bulls and that will invalidate the setup.
Happy Trading,
K.