MarlosClock

Low Probability, High Reward BTC setup

COINBASE:BTCUSD   Bitcoin
With the FTX & Binance issues, plus crypto regulation likely coming next year, I don't have much faith in this setup. However I can't ignore the doubled up harmonics here, Bull Cypher and Bull Wolfe Wave. I'm prolly not a player until it establishes support above the $21k POC. Then we're looking for $29k>$37k>$60k targets.

Above 19k is probably good for a $21k POC test, but risky and doubtful right now. Lower TFs have some bearish setups.
Comment:
4hr has a bear crab harmonic with stiff rejection at the pivot.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.