RektProof.
RektProof.

@RektProof

5 Tweets 19 reads Feb 03, 2023
Top Down Analysis:
#bitcoin
Quick top down analysis to give you an idea where we stand from my perspective.
Yearly-6 months:
Price ranging with a tap of yearly resistance and a tap of yearly support. Swing high up top and swing low down below. Rejected at mid range (EQ)
BTC WEEKLY
Weekly w/ Year Range
Price rejected off mid range and trended down tapping yearly support and leaving a set of equal highs above. Anything above mid range is a long into yearly resistance. Break of yearly resistance and we have a run into ATH.
Weekly w/ Weekly Range
Current weekly low swept with a price deviation. Price slowly grinding into Mid range/weekly breaker confluent with weekly OTE. (8400-8700). Break above and we are going for those clean highs.
Daily
Uptrend within range while maintaining structure. Currently trading above range but any closes back inside and ill consider a deviation for a move way lower. Break above Daily supply and flip into breaker and i'll look to target clean highs.
H4
H4 is the leading trigger. Closes back inside range will be our hint to start looking for shorts/hedges. Closes back above yearly open and we have strength.

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