
🐼 Panda Pulse - Pre-London | Sep 14 BTC has put in a strong bounce from the lows, but we’re now approaching the first area where I’m looking for a reaction. SHORT TERM 27m stochastic is already stretched into OB and RSI is approaching 70. FIRST TARGET The 1H KC + envelope + 100EMA are clustered above us, with the 3H 60EMA + 100EMA sitting in roughly the same area. SECOND TARGET If BTC absorbs that resistance and keeps pushing, the 3H KC + envelope become the next destination. I’m looking for the reaction at target #1 rather than chasing the move into resistance. #BTC #Trading
