B I T C O I N
Updated
These are levels that I'll be keeping an eye on when dealing with BTCUSD, and I'll revise as price action progresses.
I adapt to the change in money flow.
Bitcoin had made a breakout to the upside from the higher perspective, and the roundabout formation that price has made returned to this bullish range. How price action came back to it is what's truly telling due to the bearish impulsive followed by a descending channel which has led to a bullish breakout.
Due to the bullish impulsive it has broken structure and we can view that as a precursor for what's to come very soon according to price action. Steady hands will win the race. PAYtience!
Just my thought's and nothing more, nothing less. We shall see..
I adapt to the change in money flow.
Bitcoin had made a breakout to the upside from the higher perspective, and the roundabout formation that price has made returned to this bullish range. How price action came back to it is what's truly telling due to the bearish impulsive followed by a descending channel which has led to a bullish breakout.
Due to the bullish impulsive it has broken structure and we can view that as a precursor for what's to come very soon according to price action. Steady hands will win the race. PAYtience!
Just my thought's and nothing more, nothing less. We shall see..
Note
Price made another impulsive followed by a descending into the bullish range. I'll be looking for more upward movement in price.Note
Ranging that started around December 28, 2021 is still in progress. However, there was a deviation in price to the downside, but that's typically a liquidity grab before it actually head in it's intended direction. I'm looking for price to breakout of the range to the upside probably before Monday.... no later than the end of this new week.. to be on the safe side. 👀🤞🏾Note
I'm projecting that we'll be seeing some movement to the upside with price. I'll be more bullish once price action break & retest the $48,200 level. H4 V shape formation
H4 D.B
P.A. at HTF key level since early last month
Note
'M' formation from the weekly. I'm looking to the $32430 - $35260 range for a potential bullish reversal. Untouched zone and it'll serve as a triple bottom within that range. We shall see..
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