- i usually don't speak much when i don't see anything.
- Right now we can just speculate on some scenarios.
- so you can just imagine those scenarios with the figure i drew ( ending Diamond )
- you can notice some H&S and a big inversed H&S in the middle of graph.
- BTC volatily is still low ( around 15ish)
- i didn't find any convincing divergences yet.
- The PA range have been respected almost perfectly.
- it seems like a consolidation between 60 to 70k+.
- BTC tried to break 70k++, 5 Times exactly.
- Soon or later a breakout will happen ( next could be 85k$ ish )
- Halving is still young and the decoupling not yet started.
- if we dip under 60k.
- 50k is next small support.
- 40k is a strong support.
- very simple.
- There's a time for trading and a time for waiting.
Happy Tr4Ding!