(WEEKLY TIME FRAME AND UP) So yeah, the chart kind of reads itself, BTC is in a moment were it needs to make a choice of where to go There is 2 scenarios (Obviously lmao) For BTC to move up: needs to break above its weekly downtrend and create the break level it hit as a origin point (this is potentially detrimental in the future but will provide a "short"...
All levels are labeled what they are if BTC can hard close this 4 hour trend on a relevant time frame and its 4 hour origin, I think it has a good shot at breaking its base and going to liek 46273 as kinda a final target before a move down to like the 30k area, long term I think the 30k area, the daily hold down there is prolly gonna be hit, it hit its break on...
no real analysis thought I would just share my chart I have a lot of ideas for trades but this is just chart charted all the way down to 1HR TF ( white: monthly pink: weekly red: daily dark blue: 12HR green: 4HR light blue: 1HR dashed: hold dotted bold: origin )
WHITE: MONTHLY RED: DAILY PINK: WEEKLY BLUE: HOURLY GREEN: 4 HOUR DASHED: HOLD DOTTED: ORIGIN This is mostly just showing some TA I have done on BTC, today BTC broke its ladder and attacked the daily break level indicating a further move down, if it goes this route I think the monthly trend is a prime suspect to stop it in its tracks, the giant wick we had awhile...
green: 4 hour blue: hour red: daily purple: weekly orange: 15min dotted thin: hold dotted bold: origin if BTC breaks this 4 hour trend there is some good potential for a move up to 47980 ect, I already took my long at 46828 on the hourly trend, got in with 75x leverage and am currently up 100% already, and now am just in a free roll position, but anyways could be...
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