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$BTC don’t lose focus on the bigger picture
As I’ve continued to say since early Feb, expect chop between $60k-$80k while this bottom forms.
Cycle bottoms don’t Vshape, they take time to form. Happy with DCAs and happy to get more into the $50s if it presents itself
Remember, patience🎯🤝
$BTC I have been saying over and over to my group that this reminds me exactly of my $SPX prediction at $6k-$6.2k that we would see retest of previous ATH at $4,800
When $4,800 came RSI showed signs on weekly. Here we are now with $BTC showing signs on MONTHLY RSI approaching major level
I have been quiet and patient since selling @ $120k but here we are now
ITS TIME TO PAY ATTENTION
$SPY there’s the first gap fill here and $770 retest
Big spot to flip here, flip and break bull flag then $776 gap next🎯
$SPY next bull flag is here
Again $755 remains the line in sand for bulls and bears. Retest of it wouldn’t be shocking to start the week as we have a 1hr gap there and very good support.
$770 retest comes soon, flip that then break out of bull flag and $776 gap fill comes 🤝
$SPY $755 remains make or break line for bulls.
$SPY Weekly
Just like I pointed out on daily last week, sweep of ATH and close below with now a bearish engulfing candle.
$755-$760 is major support, fall below (especially a weekly close under ema 20), then we can see a move to ema 50 and probably see around $700-$730
Bottom line, $755 is the line the sand here for bulls and bears 🐂🧸
$SPY Weekly
Just like I pointed out on daily last week, sweep of ATH and close below with now a bearish engulfing candle.
$755-$760 is major support, fall below (especially a weekly close under ema 20), then we can see a move to ema 50 and probably see around $700-$730
Bottom line, $755 is the line the sand here for bulls and bears 🐂🧸
