BTC - HTF View (Boring Chop Scenario)
Updated
In my last BTC idea a month ago, i said it wasn't a good idea to be bearish and it turned out, indeed it wasn't. I wasn't sure what to expect to the upside but things look clearer now.
I shared an up only scenario as well, but this type of play is my ideal scenario since we stopped that insane pump.
The idea is mostly shaped around Elliot Wave and Volume analysis. It'll be too messy to show every other confluence on the chart, but to the upside we have HTF FVGs, OBs and potential Harmonic pivots. to the downside the Yearly VWAP is my main area of interest to hold on weekly/monthly timeframe.
I shared an up only scenario as well, but this type of play is my ideal scenario since we stopped that insane pump.
The idea is mostly shaped around Elliot Wave and Volume analysis. It'll be too messy to show every other confluence on the chart, but to the upside we have HTF FVGs, OBs and potential Harmonic pivots. to the downside the Yearly VWAP is my main area of interest to hold on weekly/monthly timeframe.
Comment
Black path gaining more and more confidence.Comment
The black path playing out nicely.Comment
lol
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