BTC heading towards new ATH or not yet?

2021년 11월 8일

Bullish scenario.
BTC price finally broke out through the resistance we had at 63k-64k. And the ranging channel also we had - broken out to the upside. Nice strong H4 close also above 64k

Scenario 1 – Looking for continuation and a H4 close above 67200 for new ATH.

Scenario 2 (more likely) – If price pulls back to retest previous resistance that should act now as support, I will be adding to my long position on BTC that I have opened at around 61k on a test of PWH and the support zone at 63-64k.
I do not want to see BTC to close on the H4 bellow the Support. Unless it will be just a fake out.
Will be watching how Mondays range develops and tomorrow should have a clearer picture.
for now, all looking nice and strong.
Lowest price I want to see go is 62k at the MO and continue up towards new ATH.

Bearish scenario.
Scenario 3
If we get a close bellow 64k and price will hold under – then this small pump will be a fake out and close under S/R will be a deviation and my price target will be around 53500. As there is also a small FVG (fair value gap).

Will be watching PA and see what happens on the levels I mentioned. Updates to follow

https://www.tradingview.com/x/9jDkVJbc
https://www.tradingview.com/x/DAZMdjNc/

2021년 11월 9일

액티브 트레이드

Still in my long.
Read the new Idea Ive posted today for the update and what im looking for.