The BTC rate breaks through the volume level of $65,892 and the psychological level of $66,000. Expectations of correction are not justified.
How many times have you been noticed too late, the "Dragon" pattern 🙄. This time - just classic and beautiful. We need to watch this pattern more closely, because it works very well on older TFs. Impulse breaks through resistance, including from global trend ones. Now the hunt is on for bears' liquidity behind the high of September 27 $66,498. And they are unlikely to be left alone.
On the 12-hour TF, the expectation of a change to a stable uptrend according to P73 Trend & Target Dynamics worked out. Targets: $66,420 and $67,794. Since such dynamics have started and reversal signals are breaking on the 1- and 2-hour TFs, we are waiting for signals from the 4-hour one by the evening-night. So far all the key indicators in the local picture are for growth and shorting such - only giving up your liquidity for continued growth.
