#TipsTradingFutures
finally rebound we have got at level 67.4k
strong bulls try to maintain price in that area but we also see strong and stable selling pressure as resistance at level 69200
this week is a very volatile week avoid taking position in neutral area 68 -68.8k
i am very sure market is waiting for US election, data and fed conference to determine the real direction to be headed
$BTC i remain on bearish side until now in next 2 weeks
because in big time frame we enter overbought area, fear n greed is in green position, and there are still many fair value gap that must be filled below level 67k by #BTC and moonphase trade is proven to still play its role in decreasing during new moon.
and in market structure there is no reversal. even if later there is a higher high formed we have to be careful, it is possible that bears will make a bulltrap to take liquidity in the market and continue its decline
daily timeframe sentiment invalidation level time frame still bitcoin must make a new ath as long as it has not happened, my daily view is still pointing to a correction.
in the 2 hour chart the closest target direction must take and break out of the trendline that is formed and I am sure it will be penetrated in the next 1/2 day
always #DYOR
