BTC HTF levels for 2023 and beyond. Gonna be a rough year imo but I wanna see a sweep of red to really go all in on crypto.
Let's see if the daily demand holds for this leg up. Yearly S1 for 2022 is around 26k.
If 42K was bottom, I don't want to lose 47k on HTF like 3D and weekly closes.
Posting this for the new ET members to track/learn how to trade using FIBS.
Level's I'm looking at down to retest of 2017 ATH's in green support. Need to first claim 42K.
Think we're going chop around a little longer, take out the lows and then put in a running flat for moon shot.
If we can hold here, these are the fib ext targets I have.
Love how the price is respecting each rage so well.
Working very well as support/resistance up here is too old imo. Each color is it's own range with EQ (dash lines).
If we hold here, we're going for $4+. If we break down we're looking at under $1.75.
At an important level, if we can reclaim 55.50ish on weekly I'll look for swings.