Bitcoin
Short

New Demand CORRECTION SETTLED…

Updated
ATR VALUE. 93 pips short position. Smart money correction settled. Price moves up to ATR value for now. Long position ATR on its way soon.
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POINT OF INTEREST is at the bottom wick. New entry is where demand is. Some of you may want to wait until the POI.
change of direction not all confirmed yet.
If this was me, I’d wait for POI.
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This still stands. Long holders should not worry.
The more smart money sells, the dipper. Dumb money sells for losses, the more of a spike. above 50k
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ATR still reads way above the dip means will recover. So wipe those tears.
If this was a total crash for the doom. I’d know through smart money algorithms.
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ADR and ADL has declined and now has been on the rise. This means uptrend soon. We have to wait for that moment.
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Big reversal shows to be next at any hour
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NYSE has boomed as a plus means crypto will recover.
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reached POI now BTC should move upwards.
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Smart money buys started at 11:42am pacific time.
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Bullish contraction reads above $43,812. VWAP trend has hit rock bottom, can’t go any lower unless manipulation by smart money which has not happened.
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Coinbase buyers are up by +0.99%
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Remember soon above 43k as stated before
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Many are in fear in buying BTC, some short term traders practice in letting it rise a little more. So be patient, may take some time for a quick spike.
Trade closed: target reached
Target reached, closing out this idea.
Beyond Technical Analysis

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