could you handle this savage potential 1:1
ive been aiming for 36k as a final target since the start of this mini run in January.
this recent PA has been a bit meh, with buy interest coming down at a point where i believe some players have loaded a lot of sells teasing everyone for the 32/33k liquidity.
as this local mini range is just an sfp of Aprils high and price drop would be considered internal structure all the way down to the swing low
...so, could you handle this savage potential 1:1 before #bitcoin tanks to lows and forming a bottom?
Invalidation would be a weekly close above Aprils high, or just cutting through 20k like butter,
this recent PA has been a bit meh, with buy interest coming down at a point where i believe some players have loaded a lot of sells teasing everyone for the 32/33k liquidity.
as this local mini range is just an sfp of Aprils high and price drop would be considered internal structure all the way down to the swing low
...so, could you handle this savage potential 1:1 before #bitcoin tanks to lows and forming a bottom?
Invalidation would be a weekly close above Aprils high, or just cutting through 20k like butter,
Comment:
1:1 target will be adjusted when an internal low is put in, for now its assumed to be an sfp of the swing low suggesting a minimum of 1:1 extension of 36k ;-)