$BTC NEXT WEEK STRATEGY - SEP 23-30 - DON'T GET TRAPPED
$BTC @ $112,800 is at the most important level of this month. Break $115k and we go $120k. Fail and we go $105k. No middle. Here is my exact plan 👇
$BTC $ETH $SOL $BNB $ENA $ARB
1. BIG PICTURE:
$BTC held $108k for 3 weeks. All weak hands flushed. ETFs bought $1.2B last week. Funding is neutral = not overheated.
Weekly close above $113,500 = BULLISH.
Weekly close below $110,000 = BEARISH.
2. KEY LEVELS FOR NEXT WEEK:
Resistance: $113,800 > $115,500 (THE WALL) > $118,000
Support: $111,000 > $109,500 > $106,500 (MUST HOLD)
$115,500 is where 1M shorts are waiting to get liquidated. If we break it, we squeeze to $118k in hours.
3. MY 3-DAY PLAN:
MONDAY-TUESDAY:
Expect chop $111k - $113.8k. Don't trade, wait.
Action: Spot buy zone $110.5k - $111.5k. SL $108.9k daily close.
WEDNESDAY-THURSDAY (VOLATILITY):
FOMC speakers + monthly close games. This is where wick happens.
If $BTC wicks $109.5k, I am heavy
$BTC @ $112,800 is at the most important level of this month. Break $115k and we go $120k. Fail and we go $105k. No middle. Here is my exact plan 👇
$BTC $ETH $SOL $BNB $ENA $ARB
1. BIG PICTURE:
$BTC held $108k for 3 weeks. All weak hands flushed. ETFs bought $1.2B last week. Funding is neutral = not overheated.
Weekly close above $113,500 = BULLISH.
Weekly close below $110,000 = BEARISH.
2. KEY LEVELS FOR NEXT WEEK:
Resistance: $113,800 > $115,500 (THE WALL) > $118,000
Support: $111,000 > $109,500 > $106,500 (MUST HOLD)
$115,500 is where 1M shorts are waiting to get liquidated. If we break it, we squeeze to $118k in hours.
3. MY 3-DAY PLAN:
MONDAY-TUESDAY:
Expect chop $111k - $113.8k. Don't trade, wait.
Action: Spot buy zone $110.5k - $111.5k. SL $108.9k daily close.
WEDNESDAY-THURSDAY (VOLATILITY):
FOMC speakers + monthly close games. This is where wick happens.
If $BTC wicks $109.5k, I am heavy