bibsz

bibsz

Supply in power and demand keep being absorbed while price is making LL I expect it to go next to 1.19 if supply is maintained

bibsz

still going to the 62k zone for now as long as 56k hold

bibsz

making HH as well and holding support

bibsz

as long as demand remains in power and price keeps making HH on absorption of supply I expect it to go to 62k

bibsz

Absorption of supply at the 56 200k area and bullish power remaining

bibsz

bearish in strong power and with that engulfing bearish candle on heavy supply.. it tells a lot

bibsz

more info to come stay tune

bibsz

Last drop from 93.500 was pretty heavy on supply, from that I still expect some retracement upward, but only near the 92.500 area

bibsz

Break upside 1780; buy Break under 1765: sell to ~1700 Dxy has been rising: On the week of the 12 April 2021 made an attempt to break upside 1780 on a considering bullish volume and it failed. Then price showed signs of absorption of demand and power of supply the following weeks. Then on the week of the 19 April price showed an important absorption of demand...

bibsz

absorption of demand at the touch of 1.265 making LL followed by a bearish engulfing candle on heavy supply

bibsz

absorption at 1790

bibsz

looking for another entry around 1780

bibsz

more details coming

bibsz

setup given a few days ago, move stop loss at breakeven

bibsz

As we waited patiently for the 48k to absorb, it is now showing signs of sos and movements

bibsz

with btc staying upside of 50k and failing to break under the zone, and the absorption of the supply that happens on these tries, even if it wont go much higher either, is making my mind staying on a mind position aiming to see a none permanent rise to 58k again.

bibsz

Price showed absorption of supply at the touch of 50k and then at 54k level for the last days, telling us the market ain't interested on testing lower

bibsz

demand would keep getting absorbed