Trend continues to play its part for $BTC as a Higher High has been printed, a new ATH in fact. Though Friday's close made a bearish engulfing...
As always, it's still a good practice to remain bullish while the market structure continues to make higher highs and higher lows
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As I stated $BTC will reach at least 105k, now it's seeing some turbulence. There are many ways to interpret this:
1. Bull Flag
2. Distribution
Not enough data to confirm yet...
teapawt.net/thiiirds_/status/19214…
Replying to @thiiirds_
As I stated, if the Bulls managed to push #Bitcoin higher with explosive volume, Bull run continues to at least 105k. $BTC did exactly that
teapawt.net/thiiirds_/status/19168…
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As for $ETH the same thing can be said: price action looks like it might make some retracements but it's in a local bullish market structure. Will it move up/down from here; too early to tell
ETH support: around 2100 to 2300
ETH resistance: around 2800 to 3100
for monitoring...
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EXACTLY AS PREDICTED!!! 🤑🤑🤑🤑
🧵 WHAT WILL HAPPEN NEXT?!?!
Replying to @thiiirds_
To save you guys time, here is the TLDR;
Monitor price action ☑️, velocity ☑️, and reaction ☑️ as market tests 98k
I am more inclined to seeing...
Short-term (Minutes/Hours): Bullish 🐂
Mid-term (Hours/Days): Neutral ‼️
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Few things to note... as I identified in the previous post, there is a trading channel where the top boundary lines up well with the VAH whereas VAL lines up with the immediate support level 🤔















