6 تغريدة 5 قراءة Nov 15, 2023
Explanation "WHY I THINK #btc TOP IS IN"
We will go to 2023 yearly open or below 15.5k⤵️
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When You start analyzing market always start from monthly.
This 2023 move is nothing but retracement after HTF (monthly) MSB inside discount area.
Do not get confused in LTF price action,so we will continue HTF bear trend and go down to 2023 open.
Invalidation 48k
On weekly we took BSL(ERL) now we are just below monthly breaker and we are forming the top right now IMO if i'm right on my analysis.
We can see one more pump to 38.5k inside monthly breaker and after that we got MSB then that is confirmation to change in trend on LTF.
On daily if you take 15.5k to current high as a range then we have SSL(IRL) to target including 2023 open.
15.5k is also target but if BTC-ETH got micro SMT at low then there is chance that BTC might front run that low,but we will see it in future.
For now 15.5k is also target.
In simple word : get back inside this range underside retest and then target range low (invalidation of this plan is 48k)
2 reason why 48k invalidation : We have IOED at 48k as i said above + we have high probability monthly -OB
I'm waiting for my system to give me confirmation that top is in and then i'll share my swing short setup with you.
Currently taking scalp/intraday or short term trade only no swing trade.

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