StormTrading

🔴 #Bitcoin daily is setting up to go higher, and I say this with a high confidence interval this is not how a chart looks before a drop even if it is ultimately going lower, and I don't think it will, the next move is up

🔴 #Bitcoin Quite the wall above price. Supposedly to push price down. Often these big orders are spoof orders and have no intention to actually get filled. Does show that there's some action going on in the books in this price region.

🔴 #Bitcoin Dancing around the CME Close price as expected. It's been a long time since we've seen anything different. Volatility this time around was extremely low. Even for a weekend.

🔴 #Bitcoinbear market is over. The worst is behind us. Liquidity will swoop into #BTCsoon.

🔴 #Bitcoinapproaching historic 3W compression levels above 20 MA.

🔴 #Bitcoin All the levels I'm watching. Pretty clear that the $29.5-29.7K region is an area that's strongly contested by the bulls and bears. It's an important area to keep watching.

🔴 Price action is not confirming bearish as $BTC volume is dropping while price is going down. We’re also headed into major support with LTF downtrend exhaustion. Im looking for longs between here & 28k.

🔴 Big ramp up in Open Interest again on #Bitcoin Well over $200M+ in Open Interest adde in the last 4 hours

🔴 #BITCOIN monthly the Williams %R momentum indicator recently made a rare move from oversold to overbought territory prior instances were followed by massive runs note in 2019 it rejected at the overbought level and there was a deep correction, a different look than today

🔴 BITCOIN weekly spinning top indicates downward momentum is waning after 6 weeks of consolidation, bears hardly made a dent in the last leg up, still closing above the 10 MA and not even reaching a 50% retrace still looks like a healthy pullback with all HTF bull setups intact

🔴 Pretty sure this #Bitcoinprice action won't go on for much longer. The compression is getting outrageous. Big candle coming soon.