my last post labeled " BTC supper bullish weekly close" (it will be in the related ideas)
i noted that there were two scenarios about to play out when weekly closed under 46k
it said 31k-34k is the buy area which was scenario 2.
that tap of 34k could be the only touch we see who knows, remember 34k is the strongest BTC was ever at...
I note 31k too because the weekly never broke that level ever since we broke above 30k.
what we should look for is how this weekly will close, we have around 26hr left.
if we close under 31k the little bullishness that i have will fade, i highly doubt we break 31k but we might see a big bear trap played out somehow
its all up to the weekly.
will update this accordingly, we are testing the bottom of the second channel.
if i do find new strong support/resistance I will publish a new idea entirely.
remember the last top wasn't 20k.... its 18.5k
also on the way down there's strong support at 24k its not as strong as 18.5k or 31k
goodluck all
i noted that there were two scenarios about to play out when weekly closed under 46k
it said 31k-34k is the buy area which was scenario 2.
that tap of 34k could be the only touch we see who knows, remember 34k is the strongest BTC was ever at...
I note 31k too because the weekly never broke that level ever since we broke above 30k.
what we should look for is how this weekly will close, we have around 26hr left.
if we close under 31k the little bullishness that i have will fade, i highly doubt we break 31k but we might see a big bear trap played out somehow
its all up to the weekly.
will update this accordingly, we are testing the bottom of the second channel.
if i do find new strong support/resistance I will publish a new idea entirely.
remember the last top wasn't 20k.... its 18.5k
also on the way down there's strong support at 24k its not as strong as 18.5k or 31k
goodluck all
Note
Note
that is the most beautiful support bounce I've ever seen..... we will fight if you disagree give 34k a round of applause
there was new support given but its nowhere near as big as 34k but there was added support so that's always good
- its exactly @ 35,900
good luck be safe
Note
hmmm... perfectly and i mean perfectly placed
lets wait for the weekly to fully confirm anything, id like the weekly to close above 40k to be fine.
news is important but obviously it doesn't judge the long term affect of anything, people will obviously need to sell for a war chest so if more news comes about other country's joining the war this could bring it down out of nowhere so no leverage!!!! NONE WHAT SO EVER, anything can happen and this could be a good or bad thing for BTC
all my love and prayers go out to Ukraine and the surrounding country's!!
good luck! be safe!
Note
also that new support line is @ 36.3k its not @ 35.9k
Note
update;
id like a support bounce around 46k-48k and we will be ready for the real action
Note
Note
weekly closed above 46k with a potential 20/50 MA flip gl alli see us going for 65k but that doesn't mean well break it
Related publications
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.
Related publications
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.