OK I talk about the levels I'm seeing. Could all be a bear trap, or we flush first to 3900, 27k for BTC. Either way, I don't think it just drops through yet. Expecting a bounce soon.
Uwaga
so far so good, needs to get over 4k and hold for the rally to occur
Uwaga
Over, expect retrace to 4k or thereabout to be bought.
Uwaga
If we start getting under 3980, I'm out of this trade. It's possible qqq and SPX are in a triangle formation, If so we still may get one more down - be careful
Uwaga
Levels to watch in boxes. Very difficult trade, possibly both a bear and bull trap within a few hours - good luck
Uwaga
That wave 4 idea is playing out - 39-3800 target next
Uwaga
Uwaga
overall structure
Uwaga
Uwaga
Bitcoin likely to 27k by tomorrow or friday , then relief rally
Uwaga
They are holding on to the structure so far, but if it breaks below 3930, we should get a swift wave down to mid 3800s tomorrow.
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