🚀 Bitcoin ~ 3D Higher Low bouncing to lower high Most Likely

11 באפר׳ 2022

Please first watch the video “Cautious Bulls Anticipate Local Higher Low” posted April 7th linked in the Related Ideas below. We are now focused on the 3D higher low swing low to 3D swing high higher high Fib ”Golden Pocket” region (41.4K – 40K). Due to the size of the pullback from 48K it is now more likely price will print a lower high on a bounce. Price discovery has currently printed a midterm time frame primary and secondary low. The secondary bounce got rejected at the 4h 200 EMA resistance and is currently seeking the tertiary low. We can anticipate this could be a midterm timeframe capitulatory low wicking into the GP region completing the local low. We are now “cautious” Bears proactively scouting shorting a lower high bounce after the local low is set.
For me personally (make your own trade decisions): Step 1. Local low must print on mid-term time frame, Step 2. Scout bullish RSI divergencies based on the primary to tertiary price discovery candle close lows to lower lows. Step 3. Proactively place limit orders either long to average down or short to hedge into lower high bounces.

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