so what now ?

this week's been a bearish week so far , BUT ;

we are still making HH & HL in HTF , and every break had the characteristics of a BOS .

second leg into an order-block means trend reversals to me and its not a professional idea its only based on my own experience .

not gonna lie ,i didn't see prices bellow 25K as a possibility .so im not perfect . (guess u already knew this 😂)

for me there is only two possible ways ; we either go for 42K liquidity , or come back for what was once a market bottom bellow 20K , which is BAD !!

me personally am now bullish , but with more protective stop considerations !

i presented my roadmap in the chart i uploaded , i will comment later ideas down here , so ... make ur own researches and please feel free to comment if u have any questions or ideas to help each other out ! 😉

a trader, Hamid

Comment:

ets check on-chain now :

-total supply in loss (%) is 40% which is showing undervalued BTC .

-NVT Golden Cross is -1.8911 which also shows buying signal .

-from earlier this year , UTXO's age band over 2y are increasing which shows long term holders are losing interest in moving their assets and are holding on to them like dear life 😎

im trying to keep it simple and short so i give my affirmation to bullish move drawn as 1 . my entry is somewhere between 24850-25400 .

DO NOT TRUST ME !! DO UR OWN ANALYSIS

Trade active:

25400 long entered !!

Comment:

i aim 40K , but if u wanna scalp , look for takin a short around 32K ...