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$ETH
Structurally, we need to reclaim 2,5K region but right now we are rejecting and compressing below it
If we fail to hold 2,4K probability of testing 2K with aggressive sweep highly increases here
But again it mainly depends on BTC price actions too
https://x.com/0xChainMind/status/2094535188642427113
Structurally, we need to reclaim 2,5K region but right now we are rejecting and compressing below it
If we fail to hold 2,4K probability of testing 2K with aggressive sweep highly increases here
But again it mainly depends on BTC price actions too
https://x.com/0xChainMind/status/2094535188642427113
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$BTC closed weekly above Support band but still under SMA50
So now we'll chop in this kinda range for a while but considering weak PA I'd say we're likely to dump below support band again
https://x.com/0xChainMind/status/2094813032597647803
So now we'll chop in this kinda range for a while but considering weak PA I'd say we're likely to dump below support band again
https://x.com/0xChainMind/status/2094813032597647803
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$BTC continues compressing in wedge on 4H right under 80K POI
A sweep of one side is likely before the real move begins
Compression before expansion
https://x.com/0xChainMind/status/2094966654379733147
A sweep of one side is likely before the real move begins
Compression before expansion
https://x.com/0xChainMind/status/2094966654379733147
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Here's how I see $BTC playing out
Eventually we'll breakdown BOS level here and retest 70K support zone to sweep liquidity there
Hold that and we are going to break 83K
https://x.com/0xChainMind/status/2095243759831167387
Eventually we'll breakdown BOS level here and retest 70K support zone to sweep liquidity there
Hold that and we are going to break 83K
https://x.com/0xChainMind/status/2095243759831167387
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Bearish divergence formed again on 4H
We're again huge overbought
You know what it means
https://x.com/0xChainMind/status/2095864708490231944
We're again huge overbought
You know what it means
https://x.com/0xChainMind/status/2095864708490231944
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Patience with $BTC here
We've got a huge liquidity cluster below previous range lows, around ~75K
After a pump this aggressive that liquidity almost always gets swept, no way we leave it behind
That's likely why we can't break 83K right now
https://x.com/0xChainMind/status/2095921829261046051
We've got a huge liquidity cluster below previous range lows, around ~75K
After a pump this aggressive that liquidity almost always gets swept, no way we leave it behind
That's likely why we can't break 83K right now
https://x.com/0xChainMind/status/2095921829261046051
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Keep it simple... $BTC
Each major impulse is followed by an extended chop phase before further trend continues
We've had a strong move higher recently, so logically we're chopping for the next 3-5 weeks
Let's see if it keeps playing out the same
https://x.com/0xChainMind/status/2096924776711213165
Each major impulse is followed by an extended chop phase before further trend continues
We've had a strong move higher recently, so logically we're chopping for the next 3-5 weeks
Let's see if it keeps playing out the same
https://x.com/0xChainMind/status/2096924776711213165
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My current $BTC thesis
Even that technically speaking we haven't confirmed reversal yet, but we've definitely flipped bearish structure
So I doubt we revisit lows from here
Current uncertainly is just a chopping part that comes after each aggressive impulse which is quite obvious
And it lines up perfectly with cycle timings structure
Most likely we are about to revisit prior range high, now it's support, around ~70K and that's the max downside I see
Waiting for this play out over next months
https://x.com/0xChainMind/status/2097028576868512229
Even that technically speaking we haven't confirmed reversal yet, but we've definitely flipped bearish structure
So I doubt we revisit lows from here
Current uncertainly is just a chopping part that comes after each aggressive impulse which is quite obvious
And it lines up perfectly with cycle timings structure
Most likely we are about to revisit prior range high, now it's support, around ~70K and that's the max downside I see
Waiting for this play out over next months
https://x.com/0xChainMind/status/2097028576868512229
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