Key levels of interest and potential turning points for bitcoin.
I'll take these trades depending on the reaction at the key levels, always looking for rsi divergences on the 1h to enter trades.
In the macro we should be doing an ending diagonal.
That means this move up would be a wave 4 and, in diagonals, it MUST overlap wave 1 which bottomed at the red line of my chart.
Matching that with our fib targets we have a potential reversal towards wave 5 between 20.75-21.12.
Let’s track price movements and figure out what the market makers might do next to...
here's today's update of what I'm expecting to start this week.
I think this is the beginning of a bigger move to the downside towards 18k-22k.
The current move down is doing it's final swings before we get a retrace (that shouldn't break the previous high.)
Most retail traders would treat this as a bullflag, but since we have it in a wave 4, we know the next...
