$BTC - D1
a fight to flip D1 downtrend x D1 200 EMA support:
- D1 100 MA x Prev Range Low as upside target if done
- Chopfest if not, with D1 300 MA still must hold below (pico bottom on last retest, both SPX & BTC)
lower TF potential good indicator whether we manage to flip D1 twitter.com/pierre_crypt0/stat...
2025/03/20 15:19 :
$BTC - D1
Fighting with main/key area highlighted in recent updates, confluence of D1 downtrend (same one since 101k~) & D1 200 EMA:
- Break/flip it = open the door to - at least - a retest of 90s Range Low, and - at best - D1 100 MA for full gap fill
- Get denied, back at… x.com/i/web/status/19027418933... twitter.com/pierre_crypt0/stat...
basically main idea for me remains D1 EMA/MA compression, like last year, into next big move
hopefully wrong on this as it would ultimately mean volatility drying out over time and things getting choppier, but short term gaps still big enough for it to be interesting to trade
tldr:
- must hold H4/D1 > 85.5-87.0 ideally
- 90-94 wide area of upside target (prev range low + D1 100 MA)
- longer it takes, lower D1 100 MA gets, less interesting it becomes
- chopfest mostly (as D1 trend disrespected) if failure to flip D1 trend
- D1 300 MA remains must hold
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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