thoughts on BTC's dip yesterday

likely a move to liquidate overleveraged longs and tap some supply before pumping back up

possibly a market maker move as we've seen multiple times before when we were heading down to 29k as well

(pumps up then dump down)

would be a good set up if btc comes down to tap the pink highlighted area

https://www.tradingview.com/x/pKxtmkkI/

📈📈📈

Buying some BAL/USDT in SPOT

https://www.tradingview.com/x/yBh6oZPc/

bull flag on BTC 15m

still holding at this level for now

https://www.tradingview.com/x/WejjuLNo/

ETH update

TP 1

https://www.tradingview.com/x/GtasSBXq/

BAL/USDT

TP 1 📈

take profits or trail SL

some updates on what I think might happen

short term SPECULATIONS

https://www.tradingview.com/x/4pYS6RO0/

#calls #analysis

to clarify,

33k is only IF 37k breaks (unlikely)

37k is a very strong support

today we cannot close below the purple zone or we’ll see further downside movement to 37k

we have to maintain or close above 39k for this strong upside move to continue

as you can tell, market is choppy and unclear currently, so trade safe!

cheers!!

closed below purple zone,

further downside move ✅

might see 37k so you can hold your shorts until there if you’d like

BUT

to note

daily we still closed above 39k

this bearish move might not last very long

we might see a bounce mid way back up !!!

how it's looking so far

I expect btc to go a bit deeper within the support zone (red rectangle)

bounce around and head back up

but i will be observing the PA until the end of today for further updated analysis

https://www.tradingview.com/x/jKMkNVX1/

#calls #analysis

update

my analysis remains for today

let's see what we wake up to tomorrow

https://www.tradingview.com/x/Or2ulnQQ/

update

now trading in the support zone

i expect btc to accumulate around here as mentioned before heading back up

looking for long entries in this area

all shorts closed

✅✅✅✅

cheers!! :-)

update

as planned so far

although it was faster than i expected

might see some slight dips or reaccumulation again but the general direction should be up from here

#calls #analysis