Bitcoin / TetherUS
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Diupdate

Range bound Trade Short BTC

675
This is a Chart of BTC at 30.5k.
I think BTC goes up for the next 2-3 weeks.
then Melt up to 38k or bleed down to a HL (28k Closing)
Based on a weekly chart with a single monthly candle range.
That BTC bounced from this week. (25.7k-31.4k White lines)
The bigger orange zone should be support.
Red and Green is RES and SUP.
This can get very bad in NOV 23, DEC 23 or JAN 24
Catatan
Bounce and go
Catatan
Big wick of top side Support
move above 30.6k = Long
Catatan
Double top bounce support of 29.35k
Catatan
close below 29.1k = short ---> 28k
Catatan
Wick???? Still Long
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Retest???
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Orange Box Bounce???
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The current ranges of BTC is good for volume zones.
But very bad for structure. I wait to see a lower ranges max 23.6k
and then rebound to lower high 24.4k
Catatan
Low HIgh, high 25.4
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is 25.8k a buy floor???
Catatan
time decay can get BTC to 22.5$ by end 01/24
Catatan
Want to see a High time frame double bottom to setup next year cycle
20050k$
Catatan
Finally the melt up I wanted
Catatan
Now to hit 38.5k PLS

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