Hey guys and girls, BTC is likely entering in some accumulation zone.
My last analysis lowered a bit the PRZ but that huge pattern is still influencing the price action.
Those black squares are showing some mimic in price behavior so, maybe after this days of a boring nearly ups and downs I think we will have some visit to lower levels, as usual false breakout, liquidity zone for panic selling and boom, pullback.
Pay attention to that apex, is getting closer and closer.
Indicators show relatively nothing, resistance on midpoint 50 on RSI and EMAs performing in the bear zone
Please stay tune, trade .
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Beware of this possibly breakout. I see the price going up and the volume going down (1D TF) so, maybe we are having some liquidation process, shorts are going to be killed if this prices reach your stop losses.
Move you stops a bit upwards, don't go long, remember this isn't financial advice just for educational purposes and some adrenaline and learning.
Trade safe
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False breakout as expected, then sink to lower levels as expected, and now pullback as expected. sorry if I repeat this too much. Harmonics are deeply underestimated. I'm still waiting for my targets on 47k 50k and 53k