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30 Oct 2021 11:57:29 UTC
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BTCUSD: $20,904 to $21,261 Still in Play. However...
...We still have more POTENTIAL upward pressure remaining in the 10-Day and 12-Day time frames. Meaning, we may see my next Long Term 1.618 FIB Extension come into play. We are about to see a VERY VOLATILE WEEK this Weekly candle in my opinion. It's hard to say at this point in time exactly what we're going to do. I offered scenarios in the video of us running up to my Mid Term 1.618 FIB Extension ($20.9K and $21.26K) followed by a shakeout potentially to $16K then shoot right back up even higher. That is actually possible. it's also possible to remain sideways and continue up to Long Term 1.618 FIB at $30K -OR- not have a shakeout before continuing up. We need to see the next 10-Day and 12-Day candles before drawing that kind of conclusion. I do not want to make a call prematurely in that regard without seeing the next 10-Day and 12-Day candles.
I hope this was helpful...
Happy Trading and Stay Awesome!
David
...
https://www.youtube.com/watch?v=9sEiuU156eo
I hope this was helpful...
Happy Trading and Stay Awesome!
David
...
https://www.youtube.com/watch?v=9sEiuU156eo
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