Bitcoin (BTCUSD)

Quoting Toboso01

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As we head into the NY session, do you expect a bullish reversal or a continuation of the current bearish trend? Let me know your thoughts.

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Quoting Toboso01

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My outlook for Thursday, June 18: On Wednesday 17, the bears successfully closed the session at Sunday’s open, around ~$64,400. During the upcoming Asia session, bulls may attempt a move higher, but they face immediate resistance at ~$65,000, which sits in confluence with today’s pivot point. To regain market control, the bulls face the challenge of breaking through $65,000 and pushing to close above ~$65,700, effectively engulfing Wednesday’s daily candle. Resistance Levels (Bullish Objectives): 1st Target: ~$65,000 2nd Target: ~$65,700 Bearish...

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Quoting Toboso01

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{quote} All 3 targets met! Bulls pushed strongly up to 62,000. Sadly, I stepped out at the first target.

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Quoting ramshajaved3

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{quote} BTC long 62300 . target 64000

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Quoting Toboso01

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{quote} It could happen, but it feels like catching a falling knife right now. What are you seeing in the charts that I'm missing?

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Quoting ramshajaved3

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{quote} Engulfing candle in order block . it will goes up from 62300 or 61700 maximum . upper levels targets are same 64000-65000 .

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Quoting Toboso01

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{quote} It makes sense, thank you. I will wait for a safer entry after this downward momentum cools off.

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