31050 marks the high of the 5th wave of a local wave cycle. Correction is about to come in the next weeks from the bull run bitcoin did from November 22, 2022. 30200 and 30400 marks a great short if the count deems to be correct. 30200 is a weekly close, local npoc, and a 0.786 fibonnaci and 30400 is a VAH of the local range from the top.
The expected rise of the price to the target short entries MUST NOT be accompanied by great volumes.
The idea is invalidated if price is accepted beyond 31050 high WITH considerable amount of volume
The expected rise of the price to the target short entries MUST NOT be accompanied by great volumes.
The idea is invalidated if price is accepted beyond 31050 high WITH considerable amount of volume