Accumulation. About to JAC
Can see same pattern at 1 minute interval if you look now it will give you a indication of what to expect in coming weeks at daily level.
Very similar end to phase D back in mid 2021 before it ran big.
Key levels near term are 37700 support, resistance at around 41k (will break easily I think). Then to 47k, 50k and will need to retest these as support before it really goes
Not financial advice. This is how shorts get burnt though, every post I’ve seen is missing the huge evidence unfolding that accumulation phase is finalizing.
If 37700 does break it has support around 34-36k and it those break I’ll become bearish to 29k.
Can see same pattern at 1 minute interval if you look now it will give you a indication of what to expect in coming weeks at daily level.
Very similar end to phase D back in mid 2021 before it ran big.
Key levels near term are 37700 support, resistance at around 41k (will break easily I think). Then to 47k, 50k and will need to retest these as support before it really goes
Not financial advice. This is how shorts get burnt though, every post I’ve seen is missing the huge evidence unfolding that accumulation phase is finalizing.
If 37700 does break it has support around 34-36k and it those break I’ll become bearish to 29k.
