Long

Range bound Trade Short BTC

Updated

This is a Chart of BTC at 30.5k.
I think BTC goes up for the next 2-3 weeks.
then Melt up to 38k or bleed down to a HL (28k Closing)
Based on a weekly chart with a single monthly candle range.
That BTC bounced from this week. (25.7k-31.4k White lines)
The bigger orange zone should be support.
Red and Green is RES and SUP.
This can get very bad in NOV 23, DEC 23 or JAN 24

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Bounce and go

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Big wick of top side Support
move above 30.6k = Long

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Double top bounce support of 29.35k

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close below 29.1k = short ---> 28k

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Wick???? Still Long

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Retest???

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Orange Box Bounce???

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The current ranges of BTC is good for volume zones.
But very bad for structure. I wait to see a lower ranges max 23.6k
and then rebound to lower high 24.4k

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Low HIgh, high 25.4

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is 25.8k a buy floor???

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time decay can get BTC to 22.5$ by end 01/24

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Want to see a High time frame double bottom to setup next year cycle
20050k$

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Finally the melt up I wanted

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Now to hit 38.5k PLS

SPACEMEN99

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