Temini

Temini

Price has pulled back to retest: -the breakdown level post breakdown -composite HVN Looking for price to test the levels from last fall. If price breaks above $1292 and holds, will consider trade thesis void. Support levels: -$1250 -$1236 -$1226 -$1222 Resistance levels: -$1291 Short-term play included

Temini Updated 

Price holding at the HVE of Composite HVN and LT S/R. E2E (edge to edge) play to approx. $1254.

Temini Updated 

Looking for a revisit to the bottom of the Macro Range (approx. the $45 handle) based off the confluence of Macro S/R, Multiple Fib lvls, and Volume Composite. Invalidation above the mid $56 if price breaks into the HVN .

Temini

Possible path: -Breakdown to retest the local 50 Fib and HVN cluster -Bounce up to retest Symm Triangle -Continues down to test lower HVN cluster, Fib and previous S/R lvl.

Temini

Not expecting BTC to make any drastic moves till approx Nov 1st-2nd when it'll attempt a breach of the 1x Kumo and the LT TL that was been the point of multiple rejections if this scenario plays out. Cautiously bullish.

Temini Updated 

If we see this IH&S play out, there are two paths I see BTC taking. It will either retrace after reaching the target from the breakout of the bull flag, or it will be retracing here.

Temini

The past two retraces have been slow grinding upwards movements within a channel. This time doesn't appear to be any different. Hypothesis will be made void by price moving outside the channel in either direction.