MacAndrew retweetledi
$BTC
My Current Market Thesis,
Price is still chopping around the lows, and our plan remains the same (79k).
But there are a few changes that I have made to my position,
Like trailing my SL below the Daily Wick,
Cuz if price has to go straight up from here, it shouldn't revisit the lows again.
And if it re-visits and breaks below that wick, we are gonna test a lot lower (70k).
Though I think a relief bounce to 75k should be easily possible.
With the first major level to look for at mO (76.3k),
Our plan of closing the Monthly Candle Red is playing out correctly,
And I am expecting price to pump in the next Monthly Open (Monthly Open Manipulation),
Which should hunt the un-swept levels above, trap late buyers and start the final leg down to hunt the downside liquidity of this entire range (Low 60s/Sub-60k),
So the HTF plan is same but I am still looking for the final push up before going lower.
Will be monitoring how things play out from here.
English
