On W TF we can see ugly rejection from monthly naked POC and also swing failure pattern on this previous range high. My idea is easy with using anchored vwap from the bottom (it is magnet for price) and the nearest strong level around vwap is HTF weekly level. Actual resistance could be at 44k.
I marked several levels on chart, where the potencional reaction can come (40k / 38k / 34k / 30.5k / 26k). The ideal swing short trade for me would be from the 40k zone with a target of 26k
I see an opportunity for altcoins in this wave. Nasdaq and SPX are also bullish in the short term and BTC liquidity above 30k is very tempting. We'll see if this harmonic patter idea plays out.
I see strong resistance zone above us which SPX didnt reclaim. I expect a drop to the support zone I marked on the chart. Lot of confluences here, specially 1:1 abc, harmonic pattern, HTF levels
I found this EW pattern for BTC. Lets see if it plays out :)
BTC entered into nice support zone and Garley pattern can be in play. 886 is my max ladder level. Closing below 33k is invalidation for this pattern.
I see several confluences of nice support here - ABC 1:1, bullish harmonic BAT pattern with 886 fib, daily levels. Lets see how price will develop.
Two important levels what I see... Easy invalidation, good RR setup. Lets see :)
XHV looks like bottom is in. I see some bullish divergences od daily chart + XHV is sitting on nice support - POC and little bit below strong weekly level. Good target zone is VAH region and if it reclaims volume range, then GP + top of triangle trendline and above next weekly levels. All this In horizont of several months.
I see nice harminc pattern which can be played with confluence the bottom of volume range (VAL). Long the bottom of the range, sell the top and we are on the bottom :)
I see possible harmonic pattern. Actual low must hold. Lets see :)