HeyBirdie

HeyBirdie Updated 

Shall we take the liquidations above 31.5K in order to fill our shorts.. or shall we blast through? I feel like there's not much time to go to 40K before start of the next cycle and also still too much liquidity residing above us. Therefore I am looking at this scenario.

HeyBirdie Updated 

Let's play it like this. Fifth wave almost finished on higher time frame..

HeyBirdie Updated 

What if we go up? 1) Let's align fibonacci golden ratio with range POC. 2) If 26k was temporary dip (double-bottom), the fibonacci level 1.272 (pulled down from 31k to 26k) would be TP1 anyway. Cheers :).

HeyBirdie Updated 

What if we go down? 1) Let's align fibonacci golden ratio with range POC. 2) The fibonacci level 1.272 (pulled up from 25.8k to 31k) could be TP1 and the area formed from 1.618 and 0 of the POC&GP alignment could be TP1. Cheers :).

HeyBirdie Updated 

NASDAQ is sitting at Golden ratio since its ATH and looks like forming Island Reversal. Quite clearly BTC lost its corelation with legacy markets lately but who knows if it starts getting inline with them now. So I find this situation a bit tricky. Now I am looking at two scenarios whereas none of them may play out as expected. I hope the chart is...

HeyBirdie Updated 

Looking for ZigZag aligned with 0.5 fibo targeting 38100. Based on this 7150 might be the dip.

HeyBirdie Updated 

Still looking for this scenario. Might bounce higher. I would not be surpised if BTC took previous high 31k. Nothing guaranteed.

HeyBirdie Updated 

Fractal taken from Jul/Oct 2021. Its pullback went to 0.411 and 0.559. This correlates well with my previous TA.

HeyBirdie

Slide-down, shall we.. 0.2 - 0.3 == reasonable area to buy