BTC (Y21.P1.E4).Bullish scenario

Hi All,

Just a followup on a previous post as we now see more as to price action.

This is the bullish scenario.
I'm still bullish and don't thing the H & S will play out but who is to know?


All the best,

S.Sari

MACRO PERSPECTIVE

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Comment:

We had a bear break and then a bullish bounce with no follow through. Now we have to be careful and watch to see a support level establish or not. For ETH, I see 1300 on the daily most important, and with BTC I see 34850 on the 4 hrly. These must hold.

Comment:

This level to me is absolute, if it drops below, then I'm bearish but a drop might just make it bullish so its very difficult. I have scaled out and just waiting and looking. Note the DXY or USD is having a bounce in progress and hence its putting pressure on crypto.

Comment:

my thoughts short term. Next level supports