$BTC change in market structure
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We have finally seen 
BTCUSD shift to take out the last weekly swing high. To me, this signals a shift in market structure. Be prepared to see price waffle around up here this week; to be followed over the coming weeks with a run below $6000 to take out the long holders and shake weak hands. Eyes will be on a stop run to the 4100 - 4500 level before the bull market begins.
BTCUSD shift to take out the last weekly swing high. To me, this signals a shift in market structure. Be prepared to see price waffle around up here this week; to be followed over the coming weeks with a run below $6000 to take out the long holders and shake weak hands. Eyes will be on a stop run to the 4100 - 4500 level before the bull market begins.Uwaga
Here is a screenshot of the 2015 shift in market structure to illustrate what I meanUwaga
All going to plan so far. BTC is playing the levels nicely at the moment.Uwaga
The weekly level has now been hit. Time to look for bullish price action.Now is a good time to be buying spot. I won't be leveraging longs until the shift to bull trend is confirmed. Saying that, I will be looking to scalp longs until confirmation of the reversal
Uwaga
Well that worked out well
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