BTCUSDT - Could we see a reversal soon? 3D
BTCUSDT
Not much hopium to be had at the moment with the economic climate, the shit show with LUNA/UST and the DXY on track to hit 2001 highs.
We are seeing a perfected 8 (9 in progress) on the daily and perfected 13 on the 3D. 3D 8/9s have "perfectedly" called the bottoms during the covid crash and the last retrace, could we be seeing the same thing happening now?
There is definitely some trades to be had with momentum flip. V shaped would be ideal but backtest of this channel before a further shakeout to hit the RLZ is probably more likely.
If we copy the bar patterns from the most recent 8/9 and line them up with the 13, we can see a perfect tap of the channel breakout.
Lets see what the next 3 - 12 days has in store for us.
Not much hopium to be had at the moment with the economic climate, the shit show with LUNA/UST and the DXY on track to hit 2001 highs.
We are seeing a perfected 8 (9 in progress) on the daily and perfected 13 on the 3D. 3D 8/9s have "perfectedly" called the bottoms during the covid crash and the last retrace, could we be seeing the same thing happening now?
There is definitely some trades to be had with momentum flip. V shaped would be ideal but backtest of this channel before a further shakeout to hit the RLZ is probably more likely.
If we copy the bar patterns from the most recent 8/9 and line them up with the 13, we can see a perfect tap of the channel breakout.
Lets see what the next 3 - 12 days has in store for us.
Instant reaction from the 8 and 13.
Definitely not out of the woods yet but if you're not playing sequential counts, you're missing out