I said that we'll see further BTC shorts this week. And we did. I am expecting BTC to take out those lows before the weekly candle closes. Those are my target on BTC for this week. $36,259.01 $35,530.07 $34,373.25
From the chart we can see the DXY forming a triangular chart pattern, i am expecting price to take liquidity below at 95.259 price level, then buy. However, if we take liquidity from the upside first, then we might see the dollar fall to the 94.xxx region
The weekly candle on BTC ended bearish last week so I am expecting further drop this week
BNB took liquidity and hit my zone and started selling off. i'm expecting BNB to get to $500
BTC failed to break strongly above $51,878.60, instead it stop hunted above the price level taking liquidity. now BTC can head down to take liquidity below $45,500 and $42,340, BTC is bearish on the monthly and i still expect price to hit $22.4k. BTC will still have to break below $39,480 to get to $22,4k. I should have sent this update sooner but i was too busy...
This is a re-accumulation wycoff schematic for a buy forming on BTC. i was expecting this range at my zone (49907-50593) then a buy to 56,000. A strong break above 51,878.60 is expected soon. We can also see the broadning wedge forming, this is a chart pattern for a buy, further confirming my long bias on BTC
what we see here is BTC leaving SSL(Sell Side Liquidity) at the bottom to take the BSL. Since the chart pattern has been used and price failed to drop lower, we should be expecting more bullishness on BTC till 56,000. We also had a retest of trendline and the daily is very bullish. Though we'll have to see a break of 50,000 first. A successful break of 50,000 will...