Bitcoin 37K ? 40K or Back to the 44K ?
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BTC Daily Plan:
• I expect lower to come on BTC. I am Bearish today based off my TA, which shows lower to come.
Context:
• My Elliott Wave Count shows BTC will break below 40k.
• Mini range breaks to downside.
• Double bottom on BTC.
• Low missed by $4 Bybit.
• Gives Bearish Bias for BTC.
• Massive bearish CVD divergences.
Longs:
• Potential long if we SFP/FA 40k with reaction from the nPOC cluster.
• $36,975 Monthly nPOC zone important support.
• Level to level as always team.
Shorts:
• Preferred short trade entry $44,000 Weekly level zone, after a SFP or Failed Auction bearish setup off last weeks high.
• New Weekly nPOC on Range POC at $42,645 LTF Entry Trigger required.
• Very LTF scalp trade potential with loss of 40k, flip to resistance.
Read First ❗ Follow me to understand the context of the market and improve your market reading with the right technical analysis methods.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
BTC Daily Plan:
• I expect lower to come on BTC. I am Bearish today based off my TA, which shows lower to come.
Context:
• My Elliott Wave Count shows BTC will break below 40k.
• Mini range breaks to downside.
• Double bottom on BTC.
• Low missed by $4 Bybit.
• Gives Bearish Bias for BTC.
• Massive bearish CVD divergences.
Longs:
• Potential long if we SFP/FA 40k with reaction from the nPOC cluster.
• $36,975 Monthly nPOC zone important support.
• Level to level as always team.
Shorts:
• Preferred short trade entry $44,000 Weekly level zone, after a SFP or Failed Auction bearish setup off last weeks high.
• New Weekly nPOC on Range POC at $42,645 LTF Entry Trigger required.
• Very LTF scalp trade potential with loss of 40k, flip to resistance.
Read First ❗ Follow me to understand the context of the market and improve your market reading with the right technical analysis methods.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.