Evening everyone!
Sadly, I don't have the capacity to film an update, however, I do have the ability to provide an update nonetheless, so lets take a look into what we're thinking for BTC.
Lets talk about the level of Supply that we've been rejected on multiple times, that 46K level is interesting to me, in which we've gotten close to that level, but haven't mustard up the volume and the market sentiment to push through it, so seemingly, it's forming a range that's spanning quite wide, from 32K > 46K. I understand of course, that it's no ideal to provide such a wide area in which we can swing, but, it can provide good opportunities in relation to buying ops around that low key area, with the expectation of offloading or selling that bag around the higher area of the swing, so that's a plus in fact.
I have highlighted an area on the 4H in which we're heading towards, which is very close to where we are now, 38K is the area of interest for me, on the 4H at least. BTC really needs to hold this level over the next few days, to give me an sherd of confidence that we can even see 46K again in the near future.
Honestly, I'm positively optimistic, in which I think we can in fact hold 38K. In short, I'm not saying we absolutely will, there is every chance that we'll finally see that 32 level that's more notable on the 1D that we've attempted to reach a few times.
Hedge yourself on your own TA, trade what you see in front of you and back yourself. I'm currently looking at 38K with the mindset of a longer term swing, so if we head down, I have a plan. Of course if it's the opposite, then I know what to do.
Do you?
Sadly, I don't have the capacity to film an update, however, I do have the ability to provide an update nonetheless, so lets take a look into what we're thinking for BTC.
Lets talk about the level of Supply that we've been rejected on multiple times, that 46K level is interesting to me, in which we've gotten close to that level, but haven't mustard up the volume and the market sentiment to push through it, so seemingly, it's forming a range that's spanning quite wide, from 32K > 46K. I understand of course, that it's no ideal to provide such a wide area in which we can swing, but, it can provide good opportunities in relation to buying ops around that low key area, with the expectation of offloading or selling that bag around the higher area of the swing, so that's a plus in fact.
I have highlighted an area on the 4H in which we're heading towards, which is very close to where we are now, 38K is the area of interest for me, on the 4H at least. BTC really needs to hold this level over the next few days, to give me an sherd of confidence that we can even see 46K again in the near future.
Honestly, I'm positively optimistic, in which I think we can in fact hold 38K. In short, I'm not saying we absolutely will, there is every chance that we'll finally see that 32 level that's more notable on the 1D that we've attempted to reach a few times.
Hedge yourself on your own TA, trade what you see in front of you and back yourself. I'm currently looking at 38K with the mindset of a longer term swing, so if we head down, I have a plan. Of course if it's the opposite, then I know what to do.
Do you?