Resistance broken.pic.twitter.com/rNesINqtYo
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$BTC
Bulls displaying their high T levels, not one lower low set till now. Another tap of resistance and I think it breaks.
If this starts to form a rounded top and puts in lower lows, there are two zones I'm watching for a bounce:
i) Green: S/R flip
ii) Grey: demand zonepic.twitter.com/PK4NwktW9m
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And nuked. A close like this would most likely lead to our first lower low.pic.twitter.com/AyXs59EgUD
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Not quite the bearish follow through one would expect from that wick. Resistance flipped as support on the lower time frames. Still looking good for now.pic.twitter.com/c78hVNUFBR
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Nice follow through after flipping resistance as support. Bulls juicing hard though, this move is getting a bit overextended imo. A retrace to ~7200 would be healthy. Would still look extremely bullish on the macro TFs.pic.twitter.com/X6Sg28y25U
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What do you think about those equal highs? Looks like a bull trap to me, higher lows each after another and nice equal highs just begging for a stop run over the late longs.
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it´s just more Fuel for the explosive Move in coming
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If we are making higher lows on the daily, is the grey zone too low? I was looking at around 7100 as a short term bottom.
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I think the idea was to go down until somebody loaded up finex shorts again. lol. now, they have to find a way to snatch that money as well.
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i follow you for quite some time. You understand price action man! appreciate your work, keep going
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