BITCOIN - Weekly Road To Hell
Updated
Last week was very interesting as we have had a prolonged run up to $52,000 throughout last week, going into this week as it would be expected that a pullback is pending in the near future.
There is the chance the bulls could attack the all time highs at $69,000 but for now, we have to stay level headed and await a bullish break of $52.985
before proceeding with my continued bullish macro run to ATH's
I am expecting further downside action; first target being $50,641 equilibrium. This is considered a healthy retracement due to the strength of purchasing power coming gin from the bulls
There was parts in the video where I was ranting a bit too much so please excuse me for that lol
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
There is the chance the bulls could attack the all time highs at $69,000 but for now, we have to stay level headed and await a bullish break of $52.985
before proceeding with my continued bullish macro run to ATH's
I am expecting further downside action; first target being $50,641 equilibrium. This is considered a healthy retracement due to the strength of purchasing power coming gin from the bulls
There was parts in the video where I was ranting a bit too much so please excuse me for that lol
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Note
$50,461 still cooking....Trade closed: target reached
$50,461 has been reached and respected throughout Friday 23rd sessions.Since the release of this post,
BTC1! has retraced a mere 3.5%Note
A continued retracement could see BTC1! reaching $50,000
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