A break of $11,083 on the $BTC daily indicates more down side and invalidates this for me. This is the prior daily candles low.

The 15m close on $BTC 2 candles prior closed above the base line and in the value area of the VPVR, The last 15m candle closing like this (sell candle) still indicates reversal in the sell off and to begin watching for key areas to be claimed or rejected…

Not a good close on the 4 hour and below. Watching the green area now.

Well, I'm filled. Got a higher low on volume oscillator too. Sideways through the weekend then pump on Monday?

Bust it wide open $BTC

1/3) My bias is we are still in a consolidation after this uptrend on the daily. Identifying bottoms to long is what I look for until the prior low of the structure is broken and then a confirmed downtrend/correction takes place. I said 11,083 invalidates…

2/3 & indicates more downside, the daily yesterday closed as an inside bar which is a continuation candle. Smaller time frames as I detailed prior showed a potential reversal but those now have been invalidated due to the confirmed break of the low. 👇 continued

The way inside bars are played are by shorting the break of the candles low, with a stop on the "mother bar" top (the candle prior to the inside bar indicating trend). I will not be shorting but rather looking for an area to long which I will update here…

1/5) Seeing some tweets on how these weekly candles have closed. Seeing these long wicks can be scary to some, but I believe we are in a simple consolidation on this candle, & the last candle which leads to a new high on $BTC this year. Understand these points…

2/5) 1. Market direction is trending up. 2. The W candle ending the month of June indicates either a trend reversal, or a slow down in the trend, not a confirmed reversal or downtrend. Breaking the low of the prior candle on the following week would. Continued

3/5) 3. Seeing as the next candle didn’t break the high of the previous, but broke the low & then closed above the prior candle close, tells me consolidation.

4/5) 4. Lastly, the current candle closes tomorrow. The wick broke the previous week, but failed to break the one two weeks ago. If no major sell off occurs and we dont break the low of the previous, this too should signal consolidation. #Bitcoin

5/5) No trend has been broken, yes there is volatility, but the weekly remains intact. Small downtrends on lower tf's do not make this weekly into a reversal yet. We are simply in a consolidation, my overall bias is Bullish with new highs coming till this…

$BTC Entry: $10,024 Stop loss: $9,604 Take Profit: $12,867 R/R: 6.78 I will be taking this trade. Not interested in anything else till then, at the TP I will be looking for a short setup with a TP above this entry.

A key price for $BTC to reclaim before I even begin to see if we have a bounce would be $10,762.40, this is the high of the 12 and 6 hour. The 4 hour and 2 hour are still in continuation downward. Yes a higher low on both TF's but the prior high was not taken…

The only candle that was showing any signs of life was the 4 hour, since it just broke 10,306.41 it has now flipped neutral/continuation. Every TF close on this daily close in 15 minutes is bearish & or bearish continuation. Daily should cause an instant…

15 minute and 30 minute are closing bullish, showing small signs of a reversal, hourly needs claim $10,205.71 for to show signs of life. I will continue to update these as the various TF's close. #Bitcoin

$XBTUSD 1D Update. Swing failure confirmed IMO (some would wait for a close below the 9.8k wick). First time touching the 52EMA (also .236 fib) from the beginning of the bull market. I still find a deeper correction to ~8.5k plausible.

New low made on the 2 & 4 hour which just closed. However the closes on the 1 hour and below are now showing real signs of a reversal, there is still a much bigger picture at play with these upcoming higher TF closes to call this a full reversal but I will…

Decent closes on the hourly and half hour, looking for fireworks now. Needs to break 10,294.08 to see the 6 hour confirm (currently neutral/trend continuation) that the bulls are alive, would also paint a nice reversal on the 12 hour. 5 hours left till the…

Last thoughts for the night before I sleep in terror. JK 😅 30 minute closed still showing downside, current candle is neutral/possible trend reversal. 1 hour closed without any engulfing showing further upside but current is showing further downside. (Still…