$BTC - H1/H4 Tldr: - Still in same range - Approaching/at Range High/Must break - Chopfest continuation until one of the extremes break/H4 trend defended again H1: - H1 trend && H1 EMA/MA compression @ 109.5-110.5k = must hold => If lost/not defended again, confirms more chopfest/potential retrace and retest of Range Low area H4: - Same range discussed since Monday when we started noticing H4 trend disrespected - H4 100 MA x H4 200 EMA @ 112/114k = must break/flip/main upside target short term => Almost tagged - 106.5-107.5k = must hold - Chopfest continuation in between as long as H4 trend disrespected (lost, reclaimed, lost, ...)
Pierre
PierreOct 23, 20:45
$BTC - H1/H4 Really not much to add from updates from earlier this week: - H4 100 MA x H4 200 EMA was mapped as main upside target, gap filled on Tuesday => Now catching down with price in the 112.5-113.5k area - 106.5-107.5k as potential Range Low => Retested a few times, defended for now => Retest of last week lows && gap fill to D1 300 MA/low 100k remains the main idea if/when that breaks - H1 & H4 trends disrespected in the middle into chopfest => All we got
We started this week with main idea/analysis being: - 106.5-107.5k must hold and potential Range Low => So far defended, if lost that's when aim for retest of last week lows - H4 100 MA x H4 200 EMA main gap fill to the upside => Tagged Tuesday - LTF (H1/H4) trends disrespected = chopfest to be expected => All we got CPI day... Friday... Maybe we exit that range... If not enough momentum to do so, all eyes Range Low and see you guys Sunday evening/early next week.
Main focuses short term: - H4 100 MA x H4 200 EMA as must break - 109.5-110.5k as must hold on H1, if lost eyes on Range Low and/or come back end of weekend/early next week imo - 106.5-107.5k must hold - CPI and if it has any impact on market
Didn't share D1/W1 as no major changes ofc, if you want to check my D1/W1 views... Scroll back the quoted tweets on daily updates but tldr low 100k key region with W1 trend confluence yada yada. GL HF !
would be sweet to hold here to avoid a full retrace to range low, but feels like you can come back Sunday afternoon if we were to close in this area tonight
23.59K