The_ForexX_Mindset

Smart Money Contraction

Long
COINBASE:BTCUSD   Bitcoin
Possible targets. BTC might be managed between the contraction value line by BANKS & FINANCIAL INSTITUTIONS. ADR value reading is between $61k to 64K zone.
Comment:
Idea has hit smart money target where ADR is but can reject and move back to value line zone.
Let’s hope not
Comment:
Comment:
According to this other idea: Expecting Mr. Heiken to move back down to value line at $63k zone areas.
Comment:
Comment:
BTC moves up then moves down to tap the smart money value line and now downtrend has been rejected by the BULLS.
Comment:
Smart money almost visited the smart money value line again but if we pay attention they went down to the price where the second X is right where the lines crisscross which is right about $63,700 because the value line is at $63,037.
Trade closed: target reached:
Target reached.
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