Bitcoin / TetherUS
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BTC view

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BTC plunged with the U.S. government's announcement.
I would like to share my VIEW with the reason for the resistance.

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There were 4 resistance in the same volume profile.
There was a moving that deceived everyone who expected to break through if they were resisted three times.

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If you look at 1h, BTC gave you a short opportunity through the Gartely pattern.

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If you look at it 15m, you can stop hunting and plunged. 1.13 is the famous stop hunting level.

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Retail investors saw this pattern and expected it to rise, but it eventually fell.
MM went for it and absorbed expectations for upside and subsequent liquidity and fell.
(MM=Market Maker)

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Now, BTC have been supported on this basis.

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The HTF VIEW is looking at it like this. I'm expecting one impulse wave to come out while breaking the OB line.

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The resistance section shown will be a good short section.
If it breaks upward over there and the 1h candle closes bulish, the downward view is disposal.

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It is thought that this section has a similar fractal to the present.

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Here's a similar example, which is ETH.

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These are the support sections. If BTC fall, keep an eye on them.

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If BTC break down this trend line, the downward trend is definitive.

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However, in terms of HTF VIEW, the BOX horizontal is still the big BOX side-stepping market.
We need to be aware of this and buy and sell. We're still in a bull market.

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