elScipio

elScipio

FTT has reclaimed its range after accumulating below it. Daily Market Structure has flipped bullish. A buy at range low / daily demand should take us to mid range and range high as targets.

elScipio

If this cup and handle forms (very likely) - a breakout should take us to 6. I've entered in anticipation of this playing out which is higher risk - but a great entry would be on the break or break and retest for quickest returns. This is not financial advice. DYOR. Always Risk Manage Stay safe

elScipio

We're most likely in Phase 1 (Accumulation) based on major institutional interest in BTC and cryptos in general. A move to Phase 2 here would take BTC into a big rally. Also check the NUPL chart for BTC (google NUPL BTC)- we are in a sweet spot for a big move up soon.

elScipio

chart has my notes and levels

elScipio Updated 

Here’s my potential playbook for BTC Based on Anchored VWAP and price action from the previous 40K correction. The only thing that concerns me is the weakly bearish engulfing. I personally will look to buy the safer play - break of the downtrend line. This is not financial advice. DYOR.

elScipio

Updated with Safest Buy location should this play out Funnily - the price action bars from the previous (40K) correction align perfectly with current highs. Nice coincidence! Again - not financial advice - DYOR. This is just to point out potential buy areas using AVWAP methodology. Happy trading!

elScipio

All points on chart