BTC PA Model
Updated
- i usually don't speak much when i don't see anything.
- Right now we can just speculate on some scenarios.
- so you can just imagine those scenarios with the figure i drew ( ending Diamond )
- you can notice some H&S and a big inversed H&S in the middle of graph.
- BTC volatily is still low ( around 15ish)
- i didn't find any convincing divergences yet.
- The PA range have been respected almost perfectly.
- it seems like a consolidation between 60 to 70k+.
- BTC tried to break 70k++, 5 Times exactly.
- Soon or later a breakout will happen ( next could be 85k$ ish )
- Halving is still young and the decoupling not yet started.
- if we dip under 60k.
- 50k is next small support.
- 40k is a strong support.
- very simple.
- There's a time for trading and a time for waiting.
Happy Tr4Ding!
- Right now we can just speculate on some scenarios.
- so you can just imagine those scenarios with the figure i drew ( ending Diamond )
- you can notice some H&S and a big inversed H&S in the middle of graph.
- BTC volatily is still low ( around 15ish)
- i didn't find any convincing divergences yet.
- The PA range have been respected almost perfectly.
- it seems like a consolidation between 60 to 70k+.
- BTC tried to break 70k++, 5 Times exactly.
- Soon or later a breakout will happen ( next could be 85k$ ish )
- Halving is still young and the decoupling not yet started.
- if we dip under 60k.
- 50k is next small support.
- 40k is a strong support.
- very simple.
- There's a time for trading and a time for waiting.
Happy Tr4Ding!
Note
Older Price Action Analysis :
Note
Timeline :
Note
- BTC Dominance is still high, so don't expect big moves from Altcoins.- Altcoins are usually starting to pump after ETH reach and break his older ATH.
- For now only BNB ,SOL,TON and some famous Meme followed moves.
Note
Quick Reminder :Note
👀 Note
Notice this pattern :Note
- so it was a red pill. - Now wait for end of week-end and check CME on Monday.
- Examine carefully the weeklies candles, very similar :
Note
Monday will be most more important than week-end, don't forget to check CME and look if a gap is in.
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