Binance lawsuit just adding fuel to fire.

Jun 5, 2023

BTCUSD - Following on from my last successful idea, we can see level to level there is clear weakness on BTC. Despite the recent news regarding SEC/Binance lawsuit, it was already heading down. Looking for a break of the 25250 s/r level. Hopefully we can get an underside retest where shorts can be loaded up.

Alternatively if bulls show some strength, we could potentially get a break and reclaim of the 25250 level.

For now i'm looking for a move down to 22k level.

Jun 10, 2023

Comment

still in play, would be nice for this to start playing out this weekend.

Jun 15, 2023

Trade active

beautiful, patience pays off and we're finally here! not sure if this counts as the daily retest of 25250 level - but i entered a position at 25200 anyway. Still expecting to touch that level a bit more seriously over the next few days, but if not i'm happy with entry anyway.

Jun 16, 2023

Order cancelled

not fading Blackrock news here. exited shorts. Price has reclaimed level also which goes for the alternative bullish scenario. i think we can start to see prices go much higher now.