zergbur

BTC pump to 2021 MIDRANGE, .618 retracement confluence

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zergbur تم تحديثه   
BITMEX:XBTUSD.P   Bitcoin
BTC pump to 2021 MIDRANGE, .618 retracement confluence

it has technically reclaimed the 2021 range, so maybe it's time to pump back to midrange and take the scam highs of around 48.2k

Confluence in this area: .618 retracement of the downtrend, 2022 yearly open
then retrace back to 2021 lows at around 28k

also, note how they tried to scam with closes below the 2021 low in April, but the price reclaimed back inside the 2021 range and has now backtested the low again. It's now or never. bearish if another weekly close below 2021 low, if so it peobably heads to 25-> 18-> kills the lows

تعليق:
if it breaks down now instead (loses the 2021 low), the next support is at around 25.2k. daily/weekly close below 25.2k -> 18k -> kill the late 2022 lows, deviate below them
تم إغلاق الصفقة يدويًا:
two weekly closes below the 2021 low.
needs to reclaim 27650 (2021 low), idea invalid until that happens
تعليق:
Weekly close back above 2021 low!
تعليق:
closed back below 2021 low of 27.65k, maybe heading lower?

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