It's looking like a bloody retest of 17.5 is in the books. It's no longer a matter of 'if' but 'when', due the way things are developing. If this rising wedge pattern plays out, we can count on some more bloody days ahead. I'm preparing to DCA beginning at 17.5, which would also consummate the lower macro LV, bringing the next leg down for the beginning a proper double-bottom to be discerned on the weekly. Keep an eye on BTC this weekend -- there may very well be blood in the forecast.
*Be sure to subscribe for more accurate & easy-to-follow swing charts with win ratios averaging between 80-85% in smashing the profit zones. I've been swing trading crypto since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts and see the win rates for yourself, then follow me on TradingView and start scoring the Ws too!
**Not financial advice. Always DYOR and trade at your own risk.
*Be sure to subscribe for more accurate & easy-to-follow swing charts with win ratios averaging between 80-85% in smashing the profit zones. I've been swing trading crypto since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts and see the win rates for yourself, then follow me on TradingView and start scoring the Ws too!
**Not financial advice. Always DYOR and trade at your own risk.
Trade closed: target reached:
And blood there was! And blood there shall be further! Watch my YouTube videos for detailed breakdown analysis on BTC and ETH as we navigate this bear winter!
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