CryptoCache™
$BTC Weak Friday Pattern Playing Out As expected... Weak Friday ✅ Strong Weekend ✅ VERY consistent over the past 3 months. Expecting weekend to close above Friday's candle close. 💪
$BTC Weak Friday Pattern(s)
When we see weak Fridays, it usually results in a weekend closure above Friday's close.
Therefore suggesting retail might drive the price higher this the weekend.
When we see weak Fridays, it usually results in a weekend closure above Friday's close.
Therefore suggesting retail might drive the price higher this the weekend.
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7-Day Liquidation Heatmaps
$BTC 61.5-62.5k
$ETH 1840
One more leg down, makes the most sense.
$BTC 61.5-62.5k
$ETH 1840
One more leg down, makes the most sense.
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$BTC Weak Friday Pattern(s)
As expected... Bitcoin Closed above Fridays close.
And shortly after, Asia dunked on retail wiping out all their weekend profits.
This happens almost every weekend.
Now that we are here, its safe to presume we finally sweep liquidation in the 61k range.
There is however, a double bottom forming so it's possible we see another front run. 🙄
This can be a difficult place to trade.
Always best to respect the trend though, which right now is down.
Recommend waiting until after US KZ to consider your next trade.
As expected... Bitcoin Closed above Fridays close.
And shortly after, Asia dunked on retail wiping out all their weekend profits.
This happens almost every weekend.
Now that we are here, its safe to presume we finally sweep liquidation in the 61k range.
There is however, a double bottom forming so it's possible we see another front run. 🙄
This can be a difficult place to trade.
Always best to respect the trend though, which right now is down.
Recommend waiting until after US KZ to consider your next trade.
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