BTCUSDT Monthly, Weekly, Daily - we re in the decision zone

Sep 7, 2020

BTC is in the decision zone again.
If "A" fails on weekly, we will see "B" and if it holds, "C" and above are highly probable.
No need to freak out over lower time frame wicks. Weekly time frame is the key here. HTF trends are harder to reverse.

Sep 7, 2020

Note

There is no way to edit it so here it is:
"If "A" fails on weekly, we will see "B" *OR* if it (A) holds, "C" and above are highly probable.
Hopefully, it's clearer now.

Sep 7, 2020

Note

and just in case :)

Sep 16, 2020

Note

Lets look at the monthly


and now, the weekly and daily will make a even more sense.


and here is updated D for closer look, how it all fits to HTF structures

Sep 18, 2020

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And here we are, struggling below 0.618 level.

Nov 5, 2020

Note

Update is in the comment. It's actually a update for the September 7th post.

Nov 14, 2020

Trade closed: target reached