Eloquent

btc 4-6 update pt.2

Eloquent Diupdate   
KUCOIN:BTCUSDT   Bitcoin / Tether
as of this moment, btc does not look so hot.

the reaction i expected from the key level from my last post found 0 demand, which means we go lower.

what i had as a level for bullish invalidation has now become the downside target of this move.

i've got a way to interpret it, which still manages to give us one final leg up, but i don't think it's going to go as high as i had originally anticipated.

a break of the trendline on my chart, and btc drops into the crypto abyss.

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Trade aktif:
it's actually starting to look quite bullish. if the local low holds, we're back in business 💰

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