Slight change of plans as we printed new highs today. Here’s what I’m watching 👇
Price: Yesterday gave us a clean break after sweeping liquidity to the downside and taking out the Monday high. With that in place, I’m now expecting higher prices this week, targeting the supply left behind a couple weeks ago.
Time (Monthly): ✅ 2% chance to take out the low ❌ 83% chance to take out the high if the low holds ⚠️ 90% of monthly lows form later 🟢 Bias: strong bull
Time (Weekly): ✅ 15% chance to take out the low ❌ 87% chance to take out the high if the low holds 🟢 Bias: strong bull
Distance (Monthly): ✅ 28% chance to take out the low ❌ 100% chance for more displacement 🟢 Bias: bullish
Distance (Weekly): ⚠️ 36% chance to take out the low ❌ 100% chance for more displacement 🟠 Bias: neutral
Plan: Watching 115–116K closely. A retest and bounce here could fuel continuation into the orange supply above.
If demand cracks, then lower prices become likely for the rest of the week, with 113K–110K as my next POI for fresh longs.
TL;DR: Probabilities still lean in favour of higher this week.
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$BTC
📊 New Day, New Data
Slight change of plans as we printed new highs today. Here’s what I’m watching 👇
Price:
Yesterday gave us a clean break after sweeping liquidity to the downside and taking out the Monday high. With that in place, I’m now expecting higher prices this week, targeting the supply left behind a couple weeks ago.
Time (Monthly):
✅ 2% chance to take out the low
❌ 83% chance to take out the high if the low holds
⚠️ 90% of monthly lows form later
🟢 Bias: strong bull
Time (Weekly):
✅ 15% chance to take out the low
❌ 87% chance to take out the high if the low holds
🟢 Bias: strong bull
Distance (Monthly):
✅ 28% chance to take out the low
❌ 100% chance for more displacement
🟢 Bias: bullish
Distance (Weekly):
⚠️ 36% chance to take out the low
❌ 100% chance for more displacement
🟠 Bias: neutral
Plan:
Watching 115–116K closely. A retest and bounce here could fuel continuation into the orange supply above.
If demand cracks, then lower prices become likely for the rest of the week, with 113K–110K as my next POI for fresh longs.
TL;DR: Probabilities still lean in favour of higher this week.