Market Update The demand zone we have been highlighting on

Bullish

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Market Update The demand zone we have been highlighting on Bitcoin since the weekend showed us yesterday why it was so important. As soon as we had a 4 hour candle close below, we saw 2 failed reclaims before pushing lower. This was the healthy correction we had been waiting for which filled out entry limits perfectly. As always after such a move we wait for some price action to develop. The test that looking for is at the Monday Low ($36.3k.) If it is reclaimed then we can continue in the range up to $37.5k. If we see a rejection from this level, then likely the range of $34k-$36k as we did at the end of October. #LUNA #GAS #BTC

Market Update 
The demand zone we have been highlighting on Bitcoin since the weekend showed us yesterday why it was so important. 
As soon as we had a 4 hour candle close below, we saw 2 failed reclaims before pushing lower. 
This was the healthy correction we had been waiting for which filled out entry limits perfectly. 
As always after such a move we wait for some price action to develop. The test that looking for is at the Monday Low ($36.3k.) 
If it is reclaimed then we can continue in the range up to $37.5k.
 If we see a rejection from this level, then likely the range of $34k-$36k as we did at the end of October.
#LUNA  #GAS  #BTC  