jjbuttersnaps

Q1/Q2 Elliot Wave 1-2

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BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
volume was virtually nothing before this impulse. there were minutes where price was dead to the penny. Liquidity had dried up at the yearly low. Hope you packed your bags!

I spent all my energy studying and interpreting these regional levels, so there is much left to say. Levels are well respected in the corresponding structural fractals within. Squibbly line is just my imagination. though I think me may go long periods of ranging followed my increasingly vertical acquisition events - forming an extended high time frame impulse wave 1. 30K?

if not. a swing failure of the high here, and and invalidation of the retracement to retest the lows.

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