hello everyone welcome to crypto trading ideas and investing charting
we are watching btc on weekly and daily basis,
from previous down trend we have seen the bullish break of structure,
we have seen some liquidity area and internal pullbacks,
but currently price is making small bars and moreover sideways
this looks like less buying demand at CMP
im expecting price to pullback at HTF demand zone
theyre marked with green and yellow arrows
this will make false breakout
need to correct 10-20%
disclaimer -
im charting this for education and not financial call
we are watching btc on weekly and daily basis,
from previous down trend we have seen the bullish break of structure,
we have seen some liquidity area and internal pullbacks,
but currently price is making small bars and moreover sideways
this looks like less buying demand at CMP
im expecting price to pullback at HTF demand zone
theyre marked with green and yellow arrows
this will make false breakout
need to correct 10-20%
disclaimer -
im charting this for education and not financial call
Comment:
14% down from the analysis i posted might take a pullback here make sure to follow the swings on lower high and lower lower
Comment:
as the dollar index gets weak the alternate option or currency for dollar will be having strong impact
Comment:
dont buy or go long on news
