The_ForexX_Mindset

Next target remains $80k but this pivots do read up to $72,462

Long
COINBASE:BTCUSD   Bitcoin
Match each colored squares. Same colored squares read same pattern. First whales contraction is the value line. It’s where the whales hold their meetings.
Soon will cross moving above the bullish contraction and will move to $72,462 because it’s what comes next then must reject because it’s a whales contraction and maybe move down to support zone which will then keep moving up passing resistance with liquidity.
Comment:
BULL stability, moving up, almost a 1 day BULL delay.
Comment:
At any moment THE BULL will EXPLODE: NO MORE WAITING
Comment:
This is not a BULL TRAP, it’s been confirmed since yesterday
Comment:
BTC rejected at 1st Whales contraction value line at $66,747 on this 1hr TF.

There’s is a BEARISH WHALE CONTRACTION on a 4hr TF at value line $64,767. BTC reads to stay within that zone.
Comment:
4hr contraction was created by smart money like body language. This helps us traders know how deep or high can BTC reach.
Comment:
BTC is not scheduled to dip for any crashes or some major dip due to smart money contractions.
Comment:
Smart money BEARS WANT TO DIP below their contraction. Zones are $61k to $62k but don’t forget BULLS laid a bullish contraction at 73k zone which means must travel above 73K zone and will break resistance.
This dip does not scare me, because I have enough information it’s going above the SM VALUE LINE.
Comment:
Once this is over, you’ll know.
Comment:
Back to 1hr whales bull contraction, despite what BEARS want by dipping lower, this 1 hr bull contraction reads at value line $66,757 which must return back.

Smart money contractions are created by whales. They work like magnets where BULLS and BEARS work with value lines .
Comment:
I’m not worried, this dip has nothing to do with a major crash or some big dip because contractions have proved it.
There is a HANGING MAN on a 1 hr TF. so dip should not go that low.
If there was also no price action confirmation, then I’d be worried. To even say, data does not show any huge falls.
Remember what I said before, this mega bull run comes with dips but will continue to move upwards.
Comment:
We should now be moving up. Please visit 1hr TF and you’ll see a double top which has met its course at $64,379 otherwise as always I’m sticking within my contractions
Comment:
Be ready this will start moving up at any moment.
Sell off shows about to be over. My two BULLS have appeared on my 45 minute TF. This volume has been evaluated through my smart money plotter.
45min is a small TF, this can mean we may dip a little more or will Just move up.
Comment:
Must see contractions new idea

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.