$BTC swept the 76.2K PML exactly as planned all week. My long limit just under that low filled, already seeing a solid bounce — GG if you caught it too.
Bitcoin repriced higher after midterm election results dropped. Since the sweep, we've had one clean leg up. November's starting strong.
If you're not already long, don't chase. New setups always show up.
For re-entries after the trigger, 76.8K region could deliver.
What I don't like: we barely mitigated that 4H wick on the chart. Historically, those wicks almost always get filled eventually. So if we retest, price could wick into that zone before pushing higher. Even possible we get another sweep if we go that low. Alerts set, watching closely.
79.8K BSL is a clean TP level. The 80K 1H imbalance could offer nice hedge shorts after the trigger. Same approach for 81K.
Lots of opportunities. Good luck.
Bitcoin repriced higher after midterm election results dropped. Since the sweep, we've had one clean leg up. November's starting strong.
If you're not already long, don't chase. New setups always show up.
For re-entries after the trigger, 76.8K region could deliver.
What I don't like: we barely mitigated that 4H wick on the chart. Historically, those wicks almost always get filled eventually. So if we retest, price could wick into that zone before pushing higher. Even possible we get another sweep if we go that low. Alerts set, watching closely.
79.8K BSL is a clean TP level. The 80K 1H imbalance could offer nice hedge shorts after the trigger. Same approach for 81K.
Lots of opportunities. Good luck.
