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Market Outlook
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Macro: Strong up trend; Dips are for buying
Medium Term: Chop city Q3
Short Term: Long biases for range reclaim. If reclaim fails I'm short term bear
Macro Levels:
Support: 110/90k
Resistance: 120/150k
Macro:
Uponly Q4
If we don't recover local range soon I think we get massive buy the dip chance late Q3 in the direction of 90k
I'm positioned long & will buy more if we get a wash out
All plans result in dip buying
Vwap:
Yearly: Strong Bull
Quarterly: Giga chop
Monthly: Bullish with momentum loss
Medium:
Reclaim range or fill out low volume node
Closing Thoughts:
Slow & steady wins the race
Optimism & Patience
If you are blessed with a Q3 dip you better ape otherwise start drafting letter to your grandchildren why they are poor
Don't get baited into going all in on shitcoins until after BTC has had a strong impulse
See you at 150k in Nov.
Thanks everyone for reading & big shoutout to @coinbasetraders for sponsoring my content
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