BTC - awaiting the zone touch

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Hello Traders and Analysts,

A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.


Based on what merit?
Good question, based on the fact - from a technical standpoint - the sell off begins with a new equal high peak or a higher high.
We will expect price to pullback engineering liquidity to shakeout buyers and free up the market players.

Crypto in our eyes works like rocket fuel , in the sense of bursting out - tailing off and crashing - while most FX pairs do this - crypto is still establishing multiple fresh zones both in fractal senses and adoption will have a momentum here if you look from a fundamental view.

off the back of the last move - we saw a great imbalance fill on a daily zone - in the bottom purple zone .
This created a first fresh touch for buyers. We have been experiencing a sell off today which is exactly what is needed in order to retrace to form a fresh touch for liquidity purpose.

BTC to keep showing its strength (positional holding)
BTC short to 25k zone, load up buys


Where next?
Imbalance Two - is still untouched at 25K, so we will still anticipate this zone valid.
Snapshot

Target
Upside targets 50k or more!- long term buys.


Zones to watch for long additions.
$29,000 - 30k
$24,000 - 25,550 imbalance zone major zone


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we trade purely from naked charts, less indicators - remove the noise and clears your mind.

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Thanks,
Team LVPA MMXXI
Trade ist aktiv
watching and waiting
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