as of this moment, btc does not look so hot.
the reaction i expected from the key level from my last post found 0 demand, which means we go lower.
what i had as a level for bullish invalidation has now become the downside target of this move.
i've got a way to interpret it, which still manages to give us one final leg up, but i don't think it's going to go as high as i had originally anticipated.
a break of the trendline on my chart, and btc drops into the crypto abyss.
the reaction i expected from the key level from my last post found 0 demand, which means we go lower.
what i had as a level for bullish invalidation has now become the downside target of this move.
i've got a way to interpret it, which still manages to give us one final leg up, but i don't think it's going to go as high as i had originally anticipated.
a break of the trendline on my chart, and btc drops into the crypto abyss.
Note
Note
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it's actually starting to look quite bullish. if the local low holds, we're back in business 💰
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i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.