In my last idea, I talked about 2 similar scenarios I was looking at, with the same target for both.
Take the liquidity then pump to 26.6k (those were my 2 scenarios) We ended up taking the lower liquidity at 20k before pumping to my target.
As I said, 26.6k was a very important level, after it we don't have much resistance until 29-30k
As you can see, BTC topped out at 26.6k for a 6% rejection already.
Now, I would like to see lower, first target to the downside is 22.4k, then the monthly at 16.5k looks pretty nice. I will update you if I find other interesting levels, but right now nothing catches my eye.
However, should we reverse and break the 26.6k high, I would be looking towards 30k
Any questions?
Good luck traders Remember not to break your rules