I am sharing my current technical outlook for Bitcoin (BTC) and Ethereum (ETH). My analysis, which incorporates price action, key levels, and multiple technical indicators, points towards a period of significant volatility ahead. I have identified and marked potential entry and exit levels on my charts based on this forecast.
My primary expectation is a distinct three-phase price action sequence:
Phase 1: Initial Corrective Pullback: I anticipate a minor corrective move or consolidation in the immediate short term. This could serve as a final test of support or a liquidity grab before the next major leg up.
Phase 2: Sharp Impulsive Rally: Following the completion of this dip, I am forecasting a very strong and aggressive bullish rally. This upward move is expected to be rapid, breaking through several resistance levels.
Phase 3: Major Reversal and Sell-off: The peak of this rally is likely to be met with significant distribution, leading to a subsequent sharp reversal. I am preparing for a steep decline that could retrace a substantial portion of the prior rally.
In summary, the strategy involves navigating an initial drop, capitalizing on a powerful surge, and then positioning for a significant downturn.
My primary expectation is a distinct three-phase price action sequence:
Phase 1: Initial Corrective Pullback: I anticipate a minor corrective move or consolidation in the immediate short term. This could serve as a final test of support or a liquidity grab before the next major leg up.
Phase 2: Sharp Impulsive Rally: Following the completion of this dip, I am forecasting a very strong and aggressive bullish rally. This upward move is expected to be rapid, breaking through several resistance levels.
Phase 3: Major Reversal and Sell-off: The peak of this rally is likely to be met with significant distribution, leading to a subsequent sharp reversal. I am preparing for a steep decline that could retrace a substantial portion of the prior rally.
In summary, the strategy involves navigating an initial drop, capitalizing on a powerful surge, and then positioning for a significant downturn.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
