


IBRA-
This is my play for upcoming months, I dont think we are out of the bear market yet, entire movement from nov 21 highs looks like a unique impulse, currently correcting part of it, I expect last swing high to be taken, around 3411$. I will start to build a short at that point with a wide stop, and once we start braking down, will ad more and move stop down....
Been following this project for months, already made nice profit during last year before binance listing, the listing was clearly used for big players to distribute, and I still think the downtrend is no over. If bitcoin retraces as I expect from 45-46k area to sub 40k, this is the main scenario for me. Blue box is where I will look to acumulate for 3 digit...
Currently Bitcoin is trying to reach and break above 45500 area, that's key for me. Current PA is not what I would Like to see as a bottom, 2021 may-Jul consolidation is a perfect example of a bottom where lows are retested many times, while liquidity is being build upwards. The current situation is the opposite IMO, liquidity is built below all this...