Will the floor hold as volume decreases and reality sets in -> ₿

30 de abr. de 2023

We have 2 Bearish Daily Candle closures back to back to end off the Weekly Candle. The Weekly Candle is closing Bullish. With a top wick. The Top wick is currently -3.18%. The candle body for the weekly candle is +5.5%. 2 Weekly Candles are now closing below 30K Weekly Level that was created during May 22'. Anticipating a correction to previous Daily Candle Low at 29,058. Next stop may be 28.8K 1Hr level. Price is currently sitting at a 4Hr level 29,150$. Considering the timing, The Weekend, Asian Trading Session, a New Daily Candle. These are some confluences I'm considering for a short term correction on Bitcoin ₿

1 de mai. de 2023

Nota

Price Moved Down and rejected our Daily
Level 29,470. This was anticipated but sometimes
the timing for trades is off and the Idea is correct.