mlouca

$BTC does it have enough steam to break 9800!?

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
$BTC Macro pattern view.

2D perspective we have 3 bands (resistances) above us.

Mid @ 9400
Green @ 9480s
Top @ 9790s

If we get more upside, this visual shows you how capped we are. If we happen to get above the 2D green band @ any close then our total band structure will shift into bull territory.

I am expecting 95-96s to offer some sort of slap down

Its a 2D timeframe, if it turns bullish, we are going straight for 10500s-11ks.

As of now nothing has changed, scalp longs, swing shorts until i see a pivot up. Bands have been on a down trend since mid may. We have yet to make a higher high.

Will post a normal price action chart shortly.

Conclusion: Macro bearish & expecting 8ks to hit on our next macro dump unless 98s is reclaimed.

Follow me for updates on my setups & indicators :)

Join our discord to request access to our buy sell indicator!

✔ Telegram: t.co/svvfkV3H7I?amp=1

✔ Discord: discord.gg/bqvYxc3

✔ Twitter: twitter.com/CryptoLouca

✔ Pattern Trading - Another way to trading
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.