the yellow X's are where i think btc will go for whatever reason. i guess its those liq grab moves, find prev consolidations, draw hor line from the mid, and price often hits them.
theres a few from above we didnt hit, and theres still that large area that, perhaps ppl think we will never get back to. to me the X above us are TP/sell locations, X's below are buy/hoard locations.
there is also that very scary support untested, fib ext, at 19k. id like to say never gonna happen, bu its on the chart... looks like a target.
i missed thinking this far ahead, looking back the first move down, which was the top rejection/first move down 4-4.14 ext puts us right near the last sell off low, which i think we will fill out with some small consolidaiton before we permantly leave that zone... however in back of my mind 19k is possible, only based on chart, i have no idea how btc now could be worth 19k but i think its a crash area possible.
theres a few from above we didnt hit, and theres still that large area that, perhaps ppl think we will never get back to. to me the X above us are TP/sell locations, X's below are buy/hoard locations.
there is also that very scary support untested, fib ext, at 19k. id like to say never gonna happen, bu its on the chart... looks like a target.
i missed thinking this far ahead, looking back the first move down, which was the top rejection/first move down 4-4.14 ext puts us right near the last sell off low, which i think we will fill out with some small consolidaiton before we permantly leave that zone... however in back of my mind 19k is possible, only based on chart, i have no idea how btc now could be worth 19k but i think its a crash area possible.
