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pipdrifter
Jul 31, 2021 12:52 AM

BTC 210730 

Bitcoin / U.S. DollarGemini

Description

Would love to see us accumulate here and get another decent push.

Aware that BTC is more likely to continue with the long-term ABC retracement. I wouldn't count it out yet, though.

We fell from a makeshift H&S and the guppy showed a fold. Once we established a floor, I felt it safe to draw for my target/sell zone.

Because we've been bullish, I'm looking for a bullish opportunity. Using the guppy to give a strong idea of where we may pull back again for new buying opportunities in the coming days/weeks.

Thanks for viewing!

Comment

We're looking pretty good for this. If the bulls are heavy, we'll just keep rolling, but I'm personally looking for that pullback in the 33300-36300 zone.

Comment

Accumulated more BTC in the 41k area. We setup beautifully so the push down to 35k no longer felt realistic.
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