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CRYPTO MECHANIC

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$BTC Weekly chart update Well technically price is currently trading below the weekly range we had for the past 16 weeks. A weekly close below $59k will make me think that price may revisit this week's low again as long as we don't see it reclaim this broken low. While the weekly close back above the range lows would be bullish. Lets see where this week ends, so far it's not a good looking candle even after that bounce as it's below the weekly structure.

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PRINCIPLES OF A CONSISTENT TRADER 1. HE HAVE A CLEARLY DEFINED EDGE AND PLAN 2. HE FULLY ACCEPT THE RISK OF TRADING. HE ENTER THE MARKET, KNOWING HE CAN LOSE. 3. HE FOCUS ON STACKING UP SMALL WINS. 4. HE ONLY TRADE WHEN IT'S HIGH-QUALITY. 5. HE AVOID EVERYTHING ELSE. HE KEEP HIS EMOTIONS IN CHECK BY HAVING STRICT HABITS AND ROUTINES. 6. HE FOCUS ON THE PROCESS AND ACTIONS. RESULTS DON'T MATTER TO HIM. 7 HE CONSTANTLY IMPROVE HIMSELF.

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The Meme Coin With 100x Potential in 2024

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This is the time you start paying attention to high timeframe charts only (Weekly chart). Zoom out and see possible area prices can reach and then start scaling in once price reaches there to get a good LTF bounce. Focusing on small tf will get you nothing in such market condition.

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