BTC - temp bottom set in

2021년 2월 28일

Divergences are showing up nicely, weekend bearish momentum should end soon and perhaps we should retrace to at least second fib level along the resistance.

From there - either bearish continuation to 40k or further move up.

The idea is to trap the retail so perhaps a quick wick during the next hours going down but then moving up only to move further down after trapping more longs.

Take care, its messy.

2021년 3월 1일

노트

Retest of the taken out high - > if successful -> further growth to next level. Still trade with caution, not out of the woods yet, may reverse down once it starts hitting previous resistance levels / MAs on higher TM.

2021년 3월 1일

노트

Gotta clear this level for further upside otherwise may reverse from here:

2021년 3월 1일

노트

Shieeeet, I just love it how whenever btc starts moving in a direction - 90% of the charts follow that direction.

Since now almost every other chart is long - I would probably prefer to take some profit of this leg up if it doesn't clear the 0.50 fib in the next few candles.

2021년 3월 1일

노트

RETEST SHOULD HOLD otherwise going down:

2021년 3월 1일

노트

Perhaps a retrace from here as divergences are appearing on lower tm:



Should rest on fib 0.50 for a while that will show the direction afterwards as there is resistance above currently:

2021년 3월 1일

노트

Potential retrace from here:

2021년 3월 1일

노트

More party or going down?

Time to see