I don't think it looks good for BTC. The question is not if there will be a crash, but when. I think the big ones are investing heavily in order to cash out huge afterwards. I wait for a spike (lev 3 or higher) to go down afterwards, reverse to liquidate the shorts again and aftern the liquidation of the longs will follow. Investing hard in buying to sell after with a very lucratif profit at the end. I'm curious (:
Comment:
If greed is your motivation, liquidating the shorts on lev 3 seems the most logical: But it's a game and it has to stay exciting. What price has been determined and set? We will know very soon
Comment:
Previous update I indicated lev 3, of course that must be lev 4
Comment:
Lev 4 is taken out. Hunting the next level or a fast rejection (strong momentum)?
Comment:
Uptrend is no longer supported: Volume is going down while price is going up
Comment:
Up to level 5? Missing momentum at this moment.
Comment:
Up to level 5, the last one to take out liquidity Shorts. After we go down or we stay in a bullish trend. No entry before i'm 100% convinced. Patience is key!
Comment:
Apparently we keep ranks at this level. Liquidity is completely absorbed. Are we going to level 5 which I doubt. When momentum increases, it seems to me that the decline has started
Comment:
After studying the map, it seems we are not ready to descend yet. A lot of liquidity has been burned, but it's not over yet. Level 47677 is not taken as I expected. I bet on another try with a spike that really soaks up everything. Patience (:
Comment:
48166 is the highest price to spike, or we go up or we go down at this price
Comment:
This level has been hit but I'm missing momentum. But you never know with BTC. Do we continue up to 50000, symbolically round number? We remain attentive
Comment:
Still no entry for me, too risky. I don't trust the current situation. Let's wait and see
Comment:
As long as we're in a range, nothing can be decided. No entry for now.
Comment:
Large engulfing candle, but still no entry for me. This is not the momentunm I want to see.