Feels like trap before this big meeting. Pure bait in my eyes and at POC so good R and R.
Old idea was wrong, dumped pretty hard. News coming tomorrow so maybe we just chop around these range lows. Watching for a bounce in this area to the mid range at least. Otherwise it's back down to lows again if this support fails
I strong argument could be put in to long SOL here. Trying to keep it simple.
Kinda now or never long on BTC if it doesn't hold expect lows to be stabbed at after a 54k test
ALGO really need to bounce Vs BTC here. R and R is pretty good as otherwise it's going bottom of the range.
Holding mid range will allow SPX to go for ATHs otherwise it could unwind real fast. Easy invalidation here
I think I'd even get bearish if this happened haha
If the DIA fractal repeats then I would expect at least 3.4$ as a sell target
This is based upon the breakdown fractal from 20k high. I think something like this would make sense in the current enviroment
From here we need to be careful as BTC is likely to take over the show. Not sure on direction yet but alts would be hit
If we get the fractal of gold on btc then this is what could happen