BTC - $24k TP after dip
3 Year Adam and Eve `bottoming structure Scenario
Market structure currently maps to an Adam and Eve and the bad news for the long-term bulls is that we might be only at the beginning of 'Adam' structure. That is a 2 year bear market still to play out!!
- Worst case scenario for this dip was 19k (10k is reserved for Christmas). Market stops are gone. Entries on recovery.
- 30k no longer viable but excellent Trading ahead - Expecting a rally back up with a TP of 24k with ALTs rallying hard over next day or so before we do it all over again in April :)
Best, Hard Forky
Market structure currently maps to an Adam and Eve and the bad news for the long-term bulls is that we might be only at the beginning of 'Adam' structure. That is a 2 year bear market still to play out!!
- Worst case scenario for this dip was 19k (10k is reserved for Christmas). Market stops are gone. Entries on recovery.
- 30k no longer viable but excellent Trading ahead - Expecting a rally back up with a TP of 24k with ALTs rallying hard over next day or so before we do it all over again in April :)
Best, Hard Forky
Note
25K stretchNote
Bearflag could take this to 19k early runners like ATOM are just under resistance and ready for a break Note
Slow rally Note
unexpected - possible break but possible new low Note
non-stop to the previous break Note
Impressive, possible top. Tough day if folk were short - Note
End of the scenario - Note
Bull trap likley Note
top of channel, multiple resistance Note
remains at top of channel Note
bull trap? Note
support Note
Support unlikley to hold Note
head above the line again 
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.