Unfortunately sometimes you got to take what you have. In this case we have levels around 58114 that I see very important. If price breaks down below that I can only see BTC heading down into the lower Purple Corridor with action between $53.6k - $56k. This would be a great opportunity to top up and even long around the corridor floor. This is visualised with the...
The curls of the Emperor is growing nicely. If the price would be dragged back down into the Purple Corridor, we would need to rely on the Equalizer as our last resort to hold the line. If not - we might see a head fall.
I added an additional Squeezer which I'd want to see as a bouncer for the new set upward trajectory. Also, it will help shaping that head...
The Black Hole . What's beyond that point is of course not certain. It keeps pulling me in and I want to know more. What is clear however is that if we can make it past the Black Hole without being pull down out of the Purple Corridor by the heavy Red Cape, we might have a chance. Staying above the Squeezer will allows us to keep eating the cake until the Green...
I like cake. But not with my BTC long. Will that nice golden crown keep building past Squeeze 2 or will one of the squeezes push us above the Purple Corridor and create something beautiful? (I couldn't decide on what squeeze to pick. So why not both?)
The case of the cake - If the foundation collapse we can see some nerve-racking times down by the Honeycomb...
![LINKUSD: [L]ink:ing Out October](https://s3.tradingview.com/h/hK1MjOyZ_mid.png "[L]ink:ing Out October")
