BTC (Y24.P1.E2). More lows to come and here is why

143
Hi traders,

I called this out some time back prior to shorting the top at 49k (refer to my video post).
I now see this level as strong resistance and might find 2 attempts to break it to only fail at the golden pocket along with the daily 21 moving averages.

I have spoken about the CME gap and lower levels of alot of liquidity where the longs have come it....prime target to stop them out, take the liquidity and push price back up.

Question is, is it an ABC wave or an 5 wave count as below with a deeper pullback, not a reversal as I'm macro bullish.



All the best

Regards,
S.SAri

On our forum we have posted these

快照

#CME gap makes sense along with our nPOC
快照

快照

快照


Trendline can be critical at this juncture
快照

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。