SupremeTrader88

SupremeTrader88

Clearly setup as level 27400, also technicaly looks bullish

SupremeTrader88

Rejection the trend line, long setups as second trend line. Also 30k matches with 2nd fib level

SupremeTrader88

Clearly hihg and higher high formed in a consolidation with 2 top recistance

SupremeTrader88

We have clearly uptrend by HH and HL, aslo we can see revers bullish patterns at new HL.

SupremeTrader88

1.We have a clearly consolidation with hg and hl. 2.The last impulse and last low as fibo base. 3.Also as we can see by ema 72/89 we found the support. 4.Broken bearish triangle pattern

SupremeTrader88

As we can se BTC holds 16300 level and forms hg and hl. Also level 21.5k matches with fibo level 21.8k.

SupremeTrader88

As we can see we are going down thanks to federal reserve, last resistance was broken and rejected so i see only level to trade - under 15.450 If we can say that squeeze is possible, it would be around 14500-14300.

SupremeTrader88

technically we can see 2-low, new higher low and higher highs

SupremeTrader88

Also according to my last post, i found this broken triangle. Seems to me it can drop about 20-25% by this week-next week

SupremeTrader88

Since 25 oct by now inflowed more than 35.000.00 BTC to spot exchanges. Greed is at 40 , that usually is the top at bear market before it goes down 15-30%. The lowest levels i exept is 16300, 14300.

SupremeTrader88

BTC is consolidating for 4 month, so i exept some moves by 1-3 days. To start new uptrend we should get all the liquidity at 16k level and then short-squeeze above 21k

SupremeTrader88

BTC 2 times rejected from 18.6k, so next trigger would be the ATH trend line

SupremeTrader88

Now clearly we have strong support as 19500 and resistance by 20100+-. I would expect a retest 19.500 and then may be we can push upper. Also if we break 19500 we could go to 19.000 zone

SupremeTrader88

Long trigeers as last low 26 and trend line from ATH. If price will reach 26.6k it will mean a folse breakout as it was at last bearmarket. Also id not ignore the biggest trend line that gose from 69k for BTC.

SupremeTrader88

Bullish setup as striangle, long entry by the trend line or 2 highs

SupremeTrader88

Cleary we can see the consolidation at last All Time High (ATH), than weans 2 ways we can see - 1) go under 20k to 18.5-12.7k 2) go to 23k and break up it. I prefer second way cause today is 1) 7 point of fear (extreme fear) 2) we are under 200w EMA (22300 +-) ...

SupremeTrader88

BTC at 200 week EMA. We bounced last time from it in 2022 and got 1100% gains.

SupremeTrader88

BTC now time is in close consolidation, as long trigger tren line, then main resistance at level 30500.