Hey guys,
The whole sphere became bearish as fuck when BTC moved below the 9k, which turnt out to be
a liquidity grap, nicely done market makers.
So we moved and past the .382 , got some resistance at the .50 and now on the way to hit .618.
Well Im not so sure if we really hit .618 tho but I have some orders waiting there.
The 9140 is still open , I took some profit at the .5 and slowly turning to net neutral as a see some
rejection at the lower trend line.
Summ up:
- Closing above 9300 will be in favour of the bulls
- Altough this seems bullish we are still forming lower highs which is bearish
- Overall macro view remains bullish until we break the 9850 area with a 4HR close above
The whole sphere became bearish as fuck when BTC moved below the 9k, which turnt out to be
a liquidity grap, nicely done market makers.
So we moved and past the .382 , got some resistance at the .50 and now on the way to hit .618.
Well Im not so sure if we really hit .618 tho but I have some orders waiting there.
The 9140 is still open , I took some profit at the .5 and slowly turning to net neutral as a see some
rejection at the lower trend line.
Summ up:
- Closing above 9300 will be in favour of the bulls
- Altough this seems bullish we are still forming lower highs which is bearish
- Overall macro view remains bullish until we break the 9850 area with a 4HR close above
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