Fakeout at 28,500$ Daily level? 😼 Setup : Fakeout

Looking for a bounce back up for a retest of 28,500 before returning to the downside. We haev 2 days left in this Weekly Candle. I can see the weekly candle closing below 28,500. If we do this, we can anticipate a top wick retest on the next weekly candle back around 28 to 28,500 Area where we will look for short setups. I think we became a bit over extended here for the bulls. There are popular posts talking about taking more buys. This did not play out and price is ruthlessly coming back down taking out buyers from previous few weeks who have held the bag. I'm anticipating a bounce but a deadcat bounce for more shorts.

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27,691$
We have pulled back to 27,691 and are mirroing low volume prices to the left hand side, bouncing in between large TF zones.. As anticipated

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27,600$
More or Less the Same Move
Mirrored to the upside

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27,839$

A Complete Correction of
clean candles and low volume price areas to the left.
You can observe that price moves faster to the downside than
it does to the upside.
A complete Correction

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Price is currently Retesting Weekly Level 28K , Seller smay step in here or further up was our initial analysis at 28.5K

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Sellers stepped in at 28K as talked about in yesterday's update .
Price appears to be consolidating now in between our 26,800 Daily Level and 28,000 Weekly level. Still Like Shorts and a fakeout above somewhere between 28 and 28.5k. Waiting Patiently

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Not Financial Advice. For Educational Purposes Only.

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Daily Update // Not much has chnaged in 22 Hours. Price is Consolidating
as anticpated. Sellers at 28K some are still holding probably. Still looking for deeper retracement to 28 - 28.5K. Might miss the Train but always another around the corner.

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Price reached 28.5K Sell Zone and blew past it reaching up to ,050. Price dropped back down into our 27.3K and 28.5K Range once more. Price is retesting the top of the range after touching the bottom of the range. Looking for another Sell Opportunity to go down back to the bottom of the range and beyond to 25K area
↘️↘️

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Was BTC great Buys from 27.2K Daily Level?

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Is it Time to Take Profit? Volume is decreasing.

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Price Rn Buyers appear to be defending 28,622
Fomc caused a short term spike. We'll See how the 8Hr closes and interacts with 28,500, which was our initial shorts level.

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2 Weeks!
Buys Still Valid. Buyers are holding steady above
28,500. Price is not on schedule for my short Idea at 28,500.
We are Printing 8Hr candles above it consistently. We may see 31,500$ or 30,500
this weekend if bulls continue to print candles above here and we see another daily Candle close above 28,5.

ShrewdCatfx

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