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Scenarios where you want to short #Bitcoin. But not earlier! It remains within uptrend and Bank crisis should actually be bullish for #BTC

Scenarios where you want to short #Bitcoin. But not earlier! It remains within uptrend and Bank crisis should actually be bullish for #BTC

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$BTC re-test of 63k done ✅ Stocks opened Friday with pump creating a gap with Thursday close. Obviously #Bitcoin followed this price action and pumped as well. So did situation changed from what we had in the beginning of this week? Last week close at 63088 - that means that so far week candle forms a long buy tail doji candle, which is very bullish on its own. That move also satisfied bullish scenario I've wrote about, where BTC had to reclaim 60500 and find acceptance there. On day timeframe its too early to confirm that "acceptance", but chances are good. Now #BTC price is at Daily 20SMA (~63271) - important dynamic level that was lost on April 12th and never reclaimed after that. April close at 60651 is another level to monitor and it should hold the price on pullback for bullish scenario to stay valid. Otherwise all that price action can end up with just another lower high and continue dumping lower. At least for re-test of Week 20SMA. Nearest liquidity pools: above - 64116 / 64890 / 65550 / 67420 (main) below - 62333 / 60940 / 58060 (main) / 56400 SR levels to watch PA: 🔸63088 - week close 🔸60651 - April close 🔸59150 - April low 🔸56975 - Nov'21 close 🔸53245 - Nov'21 low 🔸50512 - Feb consolidation swing low 🔸48200 - 2022 high Trend: D 🔻 W 🔼 M 🔼 😨 F&G: 67 < 48 < 43 < 54 < 67
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$PEPE inverted H&S. What do you think? 🤔 #meme #memecoins #pepe
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$TRB is trending in social media as it pumped by almost 80% (which is a lot for this coin). Obviously you don't buy the pump. But the pump indicate interest. And if that interest remains, it may grow higher. Zone to watch TRB on pullback starts under $59 and down to $50
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#Bitcoin bounced and touched middle of resistance zone left from previous dip and re-test of range bottom. If manage to grow above 60651 (April close) and find acceptance there at4H TF, will go for re-test of 63k as well. If get stuck here and lose March low, then pull back to 58k with chances to lose Nov'21 close as well. So far $BTC follows stocks and therefore we should focus on them in order to forecast where crypto is going. NDX/SPX now at the crossroads - its a good zone to continue high TF uptrend. But its also the last zone, so if lost, stock market will crash hard. BTC has similar situation, and without stock market help looks heavy enough to continue lower towards 51-53k with possible dips under 50.5k to wipe out stops there. Nearest liquidity pools: above - 60013 / 61500 / 62535 / 65118 / 67420 (main) below - 58000 / 57174 / 56400 / 55085 / 50570 (main) SR levels to watch PA: 🔸63088 - week close 🔸60651 - April close 🔸59150 - April low 🔸56975 - Nov'21 close 🔸53245 - Nov'21 low 🔸50512 - Feb consolidation swing low 🔸48200 - 2022 high Trend: D 🔻 W 🔼 M 🔼 😨 F&G: 48< 43 < 54 < 67 < 67
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$W broke out above bear OB and now covering gap left from April 12th dump. May get stopped here or higher at ~0.79 resistance. At this stage it possess interest for new longs on re-test of same 0.68-0.71 SR zone from above. That will happen after the pump is over and price start correction.
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