BTC - July Plan: Extended Phase D
Assuming we break up above 22k I'm expecting a good trading period before a move up mid August. Essentialy an extended Wyckoff Phase D accumulation period.
- Shorts from $27,000 region
- Longs off support at $21,700
Pusheds the macro swing top to September. Markets move too slow now.
Best
Hard Forky
- Shorts from $27,000 region
- Longs off support at $21,700
Pusheds the macro swing top to September. Markets move too slow now.
Best
Hard Forky
Note
High probability of break upwards - tight, flat bull flag forming on new supportNote
22k not playing nice.Expecting retest of the level and Short hedge
Note
BTC touches south side of pennantNote
weekly support looks like it will hold. Note
on the wayNote
Closing in on traget - possibly after weekly close. currently into some resistance. Note
PatienceNote
Not ruling out this patternNote
potential dip first
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.