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BTC DAILY ANALYSIS
Hi, this is my take on BTCUSD
ON DAILY STRUCTURE:
1. Price keep making swing high and swing low.
2. There are no sign or breaking the uptrend structure YET
Possibilities
1. Right now if price break the zone, an long term pullback is established and QM pattern will be formed at the top. There will be opportunity to buy but must get out of the market because the possibility of creating lower high at the top is high.
2. If the current corrective structure breaks without breaking the higher low, it may be the investment entry as it is the daily/weekly entry.It is currently at discounted price to buy BTC while maintaining the long term uptrend structure.
Disclaimer: I’m shit and dont take this seriously. Entry at you own risk. I’m not liable of any of your doing.
ON DAILY STRUCTURE:
1. Price keep making swing high and swing low.
2. There are no sign or breaking the uptrend structure YET
Possibilities
1. Right now if price break the zone, an long term pullback is established and QM pattern will be formed at the top. There will be opportunity to buy but must get out of the market because the possibility of creating lower high at the top is high.
2. If the current corrective structure breaks without breaking the higher low, it may be the investment entry as it is the daily/weekly entry.It is currently at discounted price to buy BTC while maintaining the long term uptrend structure.
Disclaimer: I’m shit and dont take this seriously. Entry at you own risk. I’m not liable of any of your doing.
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