Post $30k target and break of descending channel, new revised bitcoin target is $37k. New scenario structure based on Multi-year Adam&Eve with the 200 WMA acting as an anchor. Scenario has parallels with wider equity market expectations.
Immediate: $28,500 long entry
Sept: 37,500k short to $22k
Speculative but viable.
Best, Hard Forky
Immediate: $28,500 long entry
Sept: 37,500k short to $22k
Speculative but viable.
Best, Hard Forky
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Local Entry should look something like this
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Final long Entry.
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That should have been the local bottom
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next leg - $32k target
Trade geschlossen: Stop wurde erreicht:
Structure broke down, failing to break up to new local highs. Stopped for minor gain. Expecting $28500 to act as new resistance in coming week.
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Alt Season possible inbound
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$25,350 needs to hold over the next few days.
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$26,700 viable target
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Only as far as $26,500 before break of support - expecting fake-out
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possible break out
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short incoming