Bullish on liquidity, Bearish on structure
#BTC#Bitcoin grabbed the fuel for $100k, but the ignition isn't pressed yet.
Requirement: A Daily Market Structure (MS) Shift.
Key Level: $90K
If we don't close above $90k, the downtrend is still active. Don't front-run the flip. ๐ก๏ธ
Bitcoin closed January at $78,635 (-38% from ath)
200 Week Moving Average $58k
Realized Price $55k, decreasing
RSI dropped below 50, blue: official bear territory
Historically BTC could drop to 200WMA/RP levels
However bull has been weak (no red) so bear might be shallow
People waiting for $80k or lower #BTC to buy might be waiting until March. ๐
If youโve been reading our updates carefully, you already know the direction of this move.
The market doesn't wait for latecomers. ๐
Positioned and ready. Are you? ๐ฏ
#BTC
If we look into daily Price Action it is just consolidating in the weekly FVG range while Premium Array Monthly FVG (94640 -103516) would be the Target zone in the Short term.
$ETH
We've definitely experienced a breakout, with everyone feeling bullish and seeing green P&Ls everywhere. However, it's important to always consider different scenarios and risk-off.
The move from yesterday has been incredible. Millions of shorts have been liquidated. It's better to take some profit home.
Always keep in mind,
Opportunities lost > Capital Wiped out.
I know sidelined money is in disbelief and waiting for deep dips to enter which they won't get.
I'll sell my spot bags to them at the top and will short hard at the right time.
Yes u heard it right I know when to short ๐
#Ethereum Balanced the DFVG , WFVG, tested the WLY OB+, WLY RB+.
Price Accepted above DFVG but Still Trying to find acceptance above WFVG 2721$ however closed Daily above 2721 but Weekly close above 2721 would be amazing for continuation higher. #ALTSEASON#crypto#LIBRA
you donโt need permission to build or use open source and open protocols.
you must get permission to use anything and everything else.
think about it.