Bitcoin / TetherUS
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Range bound Trade Short BTC

676
This is a Chart of BTC at 30.5k.
I think BTC goes up for the next 2-3 weeks.
then Melt up to 38k or bleed down to a HL (28k Closing)
Based on a weekly chart with a single monthly candle range.
That BTC bounced from this week. (25.7k-31.4k White lines)
The bigger orange zone should be support.
Red and Green is RES and SUP.
This can get very bad in NOV 23, DEC 23 or JAN 24
Not
Bounce and go
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Big wick of top side Support
move above 30.6k = Long
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Double top bounce support of 29.35k
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close below 29.1k = short ---> 28k
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Wick???? Still Long
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Retest???
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Orange Box Bounce???
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The current ranges of BTC is good for volume zones.
But very bad for structure. I wait to see a lower ranges max 23.6k
and then rebound to lower high 24.4k
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Low HIgh, high 25.4
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is 25.8k a buy floor???
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time decay can get BTC to 22.5$ by end 01/24
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Want to see a High time frame double bottom to setup next year cycle
20050k$
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Finally the melt up I wanted
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Now to hit 38.5k PLS

Feragatname

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