

Jay
292 posts

@Aaro_Praanam
Mediocre Millennial 🌵 Cozy corner to journal life




@MoneyTaura Chainlink


LATEST🚨: Constant complaining can train your brain to notice more negativity.



$BTC Here's what I'm looking at: If we look at the market structure, the last monthly candle marked a Break of Structure (BoS) following the monthly trend change. Historically, these BoS events are often followed by a pullback before the trend continues. What's interesting is that during the 2022 bear market, we only got one monthly BoS to the downside. That move ultimately marked the bottom before price printed a CHoCH, shifting the market structure from bearish to bullish. From a harmonic perspective, the current bottom aligns well with a Cypher pattern. Even more interesting, Wave D has extended almost exactly into the 1.323 Fib extension of the B-C leg. That's remarkably similar to the 2022 bear market, where Wave D reached the 1.33 extension before the reversal. The combination of similar market structure and harmonic confluence suggests that the bottom is likely already in. The confirmations will come from lower time frames and we are already seeing some early bullish signs developing on the Daily & 4H which I'll share in the upcoming posts.


$BTC After waiting patiently for My Entry Zone, I'm Finally Starting to buy Spot Here. Entered the first 40% spot buy at market price (59,350). The second limit order is sitting at 54,600, where I'll add another 20%. Once we get confirmation of the bottom, I'll deploy the remaining margin manually if we haven't tapped the lower targets at 37k-41k by then.






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