A case more bullish than an undoing of the move of BTC from $60K to six digits...
Price action could plausibly retrace to the 200d MA or Golden Pocket of the move from the 10/10/24 Swing Low and find support on either.
This case would likely play out as a violent wick down and v-shaped return to VAL of the volume profile. If we are talking a Golden Pocket retracement, a noteworthy CME Gap would be filled.
Price action could plausibly retrace to the 200d MA or Golden Pocket of the move from the 10/10/24 Swing Low and find support on either.
This case would likely play out as a violent wick down and v-shaped return to VAL of the volume profile. If we are talking a Golden Pocket retracement, a noteworthy CME Gap would be filled.
交易進行
First of these targets tagged with a strong response. A clearly engineered dump. Is it enough to sate the bears?I would be keen on a swing long from 68K.
tradingview.com/chart/M6A2SFhQ/
交易結束:目標達成
200d SMA holding, but barely, as of 1:00 UTC 2/28. Fear and Greed: 2/27: 10 | 2/28: 16
Money flow and lack of bullish volume would *lead* one to believe 80K and the 200d MA won't hold.
tradingview.com/chart/M6A2SFhQ/
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