Hey Fam

Its time Now 🔝

@cryptosignals

#BTC short TP1 ✅

https://www.tradingview.com/x/VoeDq8x3/

#BTC Daily

Well its easy to say 35k - 40k - 50k and so on coming when BTC is Pumping without looking at other Side as there is always 50% Probability of winning 😂, if they win they say they call it and if they lose then they call it manipulation. Cut the Noise lets focus on Price Action.

#BTC is trading up against the confluence of Resistance just Notice how BTC Price Chopped for 34 days before actual breakdown of 2021 Support in May 2022 and observe the Price action now its again chopping at the same Range. personally i wouldn't be surprised to see the same here as there are son many FVG gaps left to be filled since the beginning of the 2023.

FIBONACCI

Moreover BTC is Trading below the most important level 0.5 Fib level between the Swing Highs and Swing Lows in 2022.

AVWAP

It is not unusual for the coin to deviate above important Avwap Levels before Pulling back again, Though BTC piercing above and below the AVWAP but its still finding it tough to go above the cloud like it did during 2022 Highs before Crashing To the New Lows.

WEEKLY Price Action

Its Still In accumulation Phase in weekly timeframe and no where close to get in to stage 2 uptrend as Trading Activity is still low, MAs crossovers representing Indecision, However Its making Higher lows which should be complimented by new Higher High with increased trading volume to break out of Stage Accumulation.

Invalidation for this Analysis is Weekly close above 32.2k

@cryptosignals