Morning everyone,
Last night I just mentioned Monday and it's already here this early morning😁 The market is opening in red today, but at the beginning of the week and the month, the market makers are quick to react, turning red first, truly living up to the name "rice paper"😆
Today I'm on a business trip, so I quickly noted a bit while on the bus:
💥 After the liquidation cascade hit strongly and retested the support on daily (the 92-91 range I commented on previously), then the M15 of yesterday $BTC has hidden positive pki, but H1 & H4 haven't. So there will still be one more move:
- Either enter the bear flag on M15: sweeping 90.5-89.2
- Or a fake breakdown: back to 91.8 and then up again to the 94 range.
-->> when that happens, there will be positive pki on H1.
💥 H1 & H4 closing candles above 91.8 can rebound strongly. If the market closes candles below 90.5, there will still be corrections. Because the 90.8 area is a major trendline.
💥 The number $ETH was also noted previously: 3250-3200-->3150.
💥 This week is also volatile with many news. I will note later.
💥 The price levels are always the closing prices on the frames mentioned in the post.
💥 Personal opinion, not investment advice. The market is extremely harsh, everyone should maintain discipline (set SL/TP, no fomo/all-in) and manage capital well, I have provided guidance already!
--- Nice day & happy new week ❤️ Love all ---


