Possible pullback target(s) the 20MA, and the top yellow trend line of our wedge formation at about the $43K price zone as the 20MA is moving up now just over the yellow trend line.
$BTC Daily Chart- As Expected We're Pulling Back Some
No big deal, we knew we were getting a little over bought ہر as well as hitting key resistance levels on the daily chart. See the 200MA and the 5 FIB line as well as our very strong time count of 8 green up candles in a row.
$BTC Report:
As you can see, price action today rallied up even past the high pivot resistance zone, but has faded back some. We look to close the daily candle at around that high pivot zone, and then see if we can get a daily close OVER that $42K price level for Saturday!!