re-accumulation; 62k- ... 64k again

Oct 17, 2021

Price staying upside 61.2k holding on support, while showing signs of weakened supply, give us more confirmation that we are in fact, in re-accumulation. And a break upside 62k could make us aim at 62.8k. And to consider 64k, break upside 62.8k on still strong demand is important. Here it is not important to monitor it more, going level by level, since if it goes up it will go toward some important resistance.


Re-accumulation cycle characteristic



Daily

Oct 17, 2021

Note

supply volume pretty too heavy to be considered a valuable LPS
on the 15min

Oct 18, 2021

Trade closed: target reached