Короткая

Bitcoin - They blew up the rocket?

Обновлено

Enjoying the moves recently and very very interesting to see the institutional transition.

Giving 9 out of 10 calls are still "moon shots" I feel the Elliott formations/Wyckoff structures are starting to look to be in play.

Going all out on a limb. I would like to see from here, a liquidity grab around 30k, or on the next confirmation long is a break and retest of 72k.

See the previous post for the main reasons behind a drop.

However, to summarise it Institutional money would like to buy long but at a discount. That could be near a 50% mark and not really dent the sides.

Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.

Заметка

Look at the date of this image. I still think the move down is for breaking hearts
& making Phat cats fatter!

Заметка

Looking at the shorter timeframe, it's also showing key levels now. Resistance above but some heavy support below. So we can expect a little sideways action (or a messy down move)

Заметка

Some more key levels. Very short timeframe (30m)

Заметка

Well - step one played out nicely. Stochastic favouring the phase 2 drop also.

Заметка

Bitcoin really is becoming respectable. Let's see how it dances through the next phase of this move.

Заметка

Look at the level here and at the image 3 back (in updates) dated 21st March.

Заметка

Pushed towards the 618 before the drop

Заметка

Which was the higher of the two 'Local' areas of interest.

Заметка

Would LOVE now the move to only go to 54,000 ish level. Making a lower B instead of back to the 8Hour Order Block. Something like this...

Заметка

next levels of interest.

Заметка

Area 57 in play

Заметка

as per the other post

Заметка

We have since tagged area 57 from the image above on the 26th of March. this one refines a potential spike and drop area.

Заметка

Interesting levels of Regression & X-Trend here also. So feeling more likely to see the drop from here.

Заметка

As A happened mighty quick. I have adjusted A - (same levels) just in alignment with what happened. As it moved exactly to the level predicted just a little faster. Reassessing B - The Pullback now should not be much higher. It's tagged area 57 from the post on the 26th of March (again quicker than expected) so now B comes down and E comes up.

Заметка

Updated image from the 27th

Заметка

See a couple of images above. Pretty respectful she is becoming.

Заметка

Back to the original - Price did not slow down for the potential LPSY. So B still in play. Worse case it makes a UT/UTAD as momentum now is mostly Bearish.

Заметка

Was liking the idea of a shallower pullback from A - but it's been stubborn and went all the way 😁

Заметка

Daily Timeframe update - as per the post; it's just much faster than expected. Aligned A & B to the time stamps same levels at work.

Заметка

rather respectful (Still)

Заметка

And 24 Hours later - Resistance still playing it's part.

Заметка

Take a look at the stochastic levels - Daily, Weekly & Monthly...

Mayfair_Ventures

Мои профили:

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.