Reflecting on the last 6 months overall I think its ok. Learnt a ton, starting to read stuff better. Still learning to trust my setups.
Profit taking could be better for sure.
Given the mistakes and inexperience still up overall. Not massive multiples but its growing.
$BTC exciting. Two scenarios:
1) Reclaim 59K and onwards but need to see some strong impulse.
2) Move down to 52K which has a lot of confluence - demand zone 200 EMA on D1.
Either way we either want a sharp reversal with impulse or base but again impulse up.
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@tradermatt Agree it looks that way on the daily too. I had hoped we might take ATH before lower few weeks back but the price action has been weak so far. Not trading BTC as don't have enough size but nice to observe ๐
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Been busy with work and life as market is boring. Looking at the daily we have a poor low, i see no reason why it isn't taken. Ultimately see 59K $BTC at least. Happy to be wrong but until it reclaims MA's or shows some sort of meaningful bounce its just more downside.
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So $xava hit one of my buy zones but its in an interesting space now.
I will wait for a reclaim of the Blue line or wait for it to bleed down into the blue zone.
Currently looks like Blue Zone as an underside retest done but lets see.