#BTC
In all honesty the bounce so far has been relatively weak.
I think if we slice through 117 lows we revisit the unmitigated daily Imbalance at 110. For now it's looking like a weak bounce into the S/R flipped resistance with a RSI rejection.
Some single prints at 120 and
#SOL
210 - 150 looks to be our range.
Ran the high then rejected, looking to long a sweep of the relative equal lows into the daily unmitigated Imbalance 155-150.
#BTC
Makes sense to bounce into the 116.7 level next with price bleed slowing down at 115 with LTF bullish divergences emerging.
I think we most likely then reject this level (S/R flipped resistance, nPOC cluster etc) and head towards our 110 TP based on H4 structure and the
#BTC
Ran Monday low with a potential H4 bullish divergence (with Doji candlestick) so I've closed my shorts at 114.7
+5.1R β
Would like to see a potential Monday range play to enter short, will assess at NYO.
β’ Wednesday - FOMC Meeting Minutes (meh)
β’ Thursday - Unemployment Claims & PMI
β’ Friday - Powell Speaks (interesting)
Makes sense to see some chop today I think, maybe some LTF scalps but I don't see it as a day to be heavily risking recent profits.
#BTC
Another underside retest rejection overnight, this time from 114.7. Structure still bearish.
For me 110 is pivotal. Would want to see strong buyback should we take the 111.8 low to confirm 110-125 as a range, otherwise we continue the downtrend.
#ETH
Rejected from 3 day composite VAH. Still bearish for me until 4,400 is flipped.
Ideally would like to see the weekly OB / D1 unmitigated Imbalance tagged around 3900 for a long.
Would look to target new ATH, around 5200.
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