$BTC
Rejected at value, printed an SFP. Clean liquidity grab.
Now rotating toward VAL.
Itโs Friday though. Weekend liquidity is thin, so Iโm usually selective here.
Still a solid opportunity for longs if execution is tight.
$BTC
Monthly VWAP has capped every rally, sellers defending value all month. Acceptance above opens the path to VAH ~ 73k
Rejection here = continuation of range
$ETH Update
โ Monday lows swept
โ $BTC 84K defended
โ 1D close above the swept low
โ Continuation confirmed
Exactly the reaction I was looking for: range lows taken, a 1D close reclaiming and holding that level, then continuation to the upside. This is why patience at HTF levels matters. Trend remains intact.
$ETH Monday lows swept โ
$BTC held 84K so Iโm adding on this dip, exactly what I was waiting for.
Price action looks great: Monday low taken, stacking confluence and watching for a confirmation close on the 1D above the low. Everything is still aligning for continuation to the upside. Send it ๐
$ETH Monday lows swept โ
$BTC held 84K so Iโm adding on this dip, exactly what I was waiting for.
Price action looks great: Monday low taken, stacking confluence and watching for a confirmation close on the 1D above the low. Everything is still aligning for continuation to the upside. Send it ๐
$ETH Update
Historically, when we close below 2.9k on the 2D, the market tends to keep descending. $BTC created a CME gap and instantly filled it, which is a clear sign of strength. Iโm still optimistic here as this looks more like a classic market manipulation meant to make the move look bearish.
This is also our first real retrace back to this core level. To me, itโs a simple tactic to convince bears that downside continuation is coming, iโm not convincedโฆ Thereโs a possibility of a sweep of Monday lows before we push back toward HTF highs.
Iโm back in on $ETH and will add more if I see 84k $BTC holds.