good afternoon, this is the alternative path.
as of this morning, btc has entered into another quartervois - creating a second potential trajectory.
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if this general area up here is held as support, it could be categorized as a flat.
if the flat maintains structure, we could see a short squeeze, as there was quite a bit of shorts opened over night.
could squeeze all the way up to 23k before pivoting down into the anticipated x-wave.
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primary scenario:
as of this morning, btc has entered into another quartervois - creating a second potential trajectory.
---
if this general area up here is held as support, it could be categorized as a flat.
if the flat maintains structure, we could see a short squeeze, as there was quite a bit of shorts opened over night.
could squeeze all the way up to 23k before pivoting down into the anticipated x-wave.
---
primary scenario:
Note
watch the primary case before watching this one:youtube.com/watch?v=Ei2qxEVowZg
Trade closed: target reached
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i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.