BTC overview and ask for your altcoins

24 ott 2023

BTC / USDT

BTC succeeds to breakout the resistance of 32k (monthly resistance) yesterday first time since may 2022! We can see also a successful breakout retest

what does that mean ?

– The 30k to 32k level should act now as support /buy area until broken for the next pump toward 40k region !

–NOTE :
The price has filled the CME GAP at 35k
There is another major CME gap around 21k and in order to fill this one we need a big big FUD ,but for now we cant talk about this scenario as long as we closing weekly above 30k

Summary:
My current bias now is bullish as long as we close weekly above 30k

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25 ott 2023

Nota

A price action will occur soon

25 ott 2023

Nota

The figure is clearer in the line chart:

26 ott 2023

Nota

UPDATE
On small time frames
We can see BTC is forming a parabolic curve since October the 16th

Right now BTC can bounce here from the curve line OR if failed for that we will have a more deeper correction toward 32k-30k (weekly support)

28 ott 2023

Nota

Important :

Only 3 days for the closure of monthly candle
We need at least to close above 30k as said above

Candle Closure :
below 30k means bears will enter again
Above 30k = bullish
Above 35k = mega bullish

Lets see what will happen ..be ready

29 ott 2023

Nota

Interesting price action! …
2days left for weekly/monthly closure

30 ott 2023

Nota

Important Scenario on the table ,

We can see a pump without any corrections or retests This usually happens when bull market starts to prevent late buyers (majority wait retest) from buying

Also 1 day only left before monthly closing lets see whats how it will end up