Copy / Paste / Push Play

Updated

Used the bar tool to copy historical price action on the BTC INDEX.
Drew out Order Blocks to give future anchor points.
Circles line up.
Have some fun and push play.

Note

Possible wick above to fill the imbalance area

Note

We bounced from the exact bottom of the orderblock

Note

I ran the Volume Profile over the entire BTC Index to find the Global High Volume Nodes. It is interesting to see how they line up with the order blocks. More confirmation of key levels in those areas.

Note

Imbalance above and below with a low target of 16k range. Can we buy at such a good price again?

Note

based on history, we could accumulate until Jan 15th 2024

Note

April 30th this imbalance was posted. Target hit on June 14th to find support. Price action loves to revisit imbalances. But only for a bit.

Note

I still think we could see 16,440 after some range acrobatics.

Note

Let us not forget the Macro Global Golden Pocket. (Total Cryptocap)

Note

1.15 Trillion is a powerful level for the Total Market.

Note

We have to break above this current orderblock structure to go higher. If we reject again from this area then I see a potential bottom of $16,440.

Note

total market and BTC have rejected yet again from the global golden pocket of 1.15 trillion (Total chart). We must break 31592 (the wick up of June's sfp) to go higher. Im suspicious of what some call a blow off phase incoming.

Note

i highly respect this chart by trader-123456 ....

Note

gravity.

Note

i still dream for that sweet level of $16,440.

Note

We have officially rejected from this orderblock. Doesnt mean we will go lower, but going lower is more likely.

Note

SFP'd (swing failure pattern) the imbalance of 25345

Note

"If" we get the pullback many of us suspect, then we could bounce in the lower zone after ranging a bit.

Note

However im more suspicious that we will go down to 31k area first.

Note

Altisona

***Get 25% off Nami indicators - nami-trading.com/?dt_id=1375915
***CRYPTO TAXES use KOINLY - koinly.io/?via=97548A41&utm_source=affiliate
***JOIN TRADINGVIEW tradingview.com/?aff_id=137

Also on:

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.