$BTC - Direct escalation scenario

2024年11月15日

BTCUSD.P | BTCUSD | BTC | BLX

Traders don't judge. We prepare for scenarios with a reasonable probability.

2024年11月20日

註釋

Eager to see which one it will be.

Remember: Should(!) DXY start its decline from around pyHigh and slightly higher (107.914?) the direct squeeze up is growing dramatically in probabilities.

There are quite a few ways how those upper targets could get reached. The direct escalation is the one that made most sense to me if if taking her cyclic behavior and timing into account.

From a pure technical point, 95-105'ish is the most intermediate zone. Should she start trading above 106k with no relevant pullback, I wouldn't expect it to come prior reaching the upper boundary. However, this this is fib resistance galore from here so I would want to see her keep the weekly trend upward oriented.

Chart reflecting both scenarios:

2024年12月17日

註釋