So, our bullish setup has worked properly, market has completed intraday XOP around 43K area. We suggest that in perspective of 1-2 weeks BTC has good chances to proceed higher and challenge local top.
But for now, as we're coming to long holidays and we have "222" Sell in place on daily chart, we suggest retracement, at least to 42.70-42.75K area before any continuation will happen.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.