If we run up with a bullish imbalance to these EQH I would be looking for a retest of that imbalance, If it keep going up then I might jump in as a buyer. But if it fully goes down of the imbalance that took that EQH then that's a trap. So Trade safe.
#Bitcoin update <-
Haven't posted much lately but one thing that I see that we tapped to a Target and we are not going lower. But I am not saying that we can't go more lower but.. Bitcoin is upper quadrant of OB and Extreme Discount on Monthy Range and it is on consolidation...
#BTC lost monthly FVG and turn that IFVG and last thing for reversing the price is here at weekly FVG or Breaker or OTE if these fail to make a bullish move to 100k-103k not anymore.. because whales want to have some exit liq.. and buy lower.. and catching to 100k is enough FOMO!
I mean it's pretty easy right.. Euphoria wiped out, now Complacency zone where people start getting positive that just a dump so we can go over 150k or your dream target idk.
Oh here comes something bullish people love.
#BTC entered the trade on discount zone of the wick. Looking for at least 116k highs to be liquidated before the move down. If the breakaway gap retested then the down leg might not be that strong.
The discount on the wick.. the iFVG on 1min TF, that IFVG made milliners overnight. If BTC will hold over this area for a time, the longs should be added on the discount zone.
#BTC
Opening (Dec 4)Reports suggest Bitcoin opened in the ~$53,000 range before the drop.
Intraday lowAround ~US$ 41,967 (some sources)
Closing price (Dec 4)~$49,193.68 (down ~8.4 %)
Liquidations$1–2 billion in leveraged positions reportedly liquidated.
It kinda look the same.
On Sat 4 December 2021,on the end of 3 year bull cycle as people keep buying #Bitcoin , You could buy a tesla with Bitcoin etc etc.. The Bitcoin flashed from 54k to 40k.People were shocked because they were waiting for jump on support and go past 69k to 100k which never happened.
I mean it's pretty easy right.. Euphoria wiped out, now Complacency zone where people start getting positive that just a dump so we can go over 150k or your dream target idk.
The discount on the wick.. the iFVG on 1min TF, that IFVG made milliners overnight. If BTC will hold over this area for a time, the longs should be added on the discount zone.
#BTC
@DieguitoCharts Yeah I followed same pattern, and I sold everything on 30 September. I don't know what will happen next but I do know that I saved a few bucks from this crash.
And I heard someone, Yeah but #BTC have ETF now and won't do that and won't do this.. Look that Mountain fall.. Bitcoin is Bitcoin and it will always be.. 10-15% drop in 10 min 3% up in 5 min and 70% drop in a year that is what it is..
#BTC Update~
So first FVG on discount zone reached and this will also act as an inducement, maybe through the weekend the BTC will get bought to add more FOMO to it.. of course people will go : "Buy the dip, btc will go 150k,250k" etc etc some bull**** .
#BTC#ETH#SOL#BNB