Its looking like above.. Its already near reaching adr at 1624.. Just like last Sunday

The Swamp

If its going to be bearish. I don't think it will stray much more than 1593. Maybe 1606/17/ oh shit 1639/45. But to drop if needs to settle below 1593... The day support at 1510. My day breakout has a different reading. It has day b/o R at 1720 ...

The Swamp

Possible short 1593ish, with a signal

The Swamp

It may gap lower.

The Swamp

Its very simple for me. 1593 is support, but sustained under is bearish, and it becomes R. It may gap.

The Swamp

It never sustained below 1693, next week it may be in play as the bear/bull divider

The Swamp

The 12h indicated the same as the 6h, bearish. That does not mean it wont reach higher first. It just means its likely going to test the low area today sometimes. Not in stone. That yellow line is about 82 pips. But there could be a strong R ...

The Swamp

Bitcoin is also testing the 12h Resistance at 97,911. The day R is close at 99,259. If rejected the 6h S is at 93,322. The 4h S at 91,657. If unable to break the 12h, or day. A slip back to the 6h, followed by a loss of 91k. could mean a temp top ...

The Swamp

the first red down leg is about 150ish pips., the rises 82 ish

The Swamp

the bounce off 1617 12h trend support was over 80 pips. 1639 is less. That was the Powell news spike. I think it will be less this time.

The Swamp

The 6h close is below 1635. The 12h close will most often follow the lead. Tomorrow should be a down day. It may still rise closer to 1639 tonight.. I cant say it will hit 1639 tonight. I will say the odds of it falling toward the lows tomorrow are ...

The Swamp

I have 1593 12h.. its in the area, The 6h at 1662. Somewhere between can be R. I suspect the next 6h will be below 1635. I think that may be followed by the 12h bearish leaning below 1635. In a little over an h the 6h will close.

The Swamp

What are you using as the 1580 support?

The Swamp

This looks like a bear flag atm forming.. It still may fill in upper some more. On the day, the b/o level is sustained below 1598.. Its best if sustained below 1593.

The Swamp

It bounced at 1593,, back to 1617.. I cant say it may not bounce a little higher.. Maybe 1627/39 area. The 12h trend support at 1617 has broken. But there is another at 1593. I cant say it will not bounce to 1662. But on the week 1639 should be ...

The Swamp

I dont know if it will be stopped earlier than 1639. But I think its a decent resistance. Before it 1617 and some smaller ma's can stop a rise. Since ADR is about 50 pips. A bounce should be less 1646x. If wrong about the bear, 1646 often is the ...

The Swamp

I closed my shorts.. I want to see what happens with 1593ish. I possible can shot 1639ish again I think pa needs a 12h close below 1617 and 1593. The R for this week since under now may be 1639.

The Swamp

I think pa is bearish on the year close.. I will not tell you to long. Today is bearish to me too. I closed some.. waiting to short again,

The Swamp

on the way up 1606.7 was a important month R.. It may have some residual memory support

The Swamp

It may not come back to 1639..It may be a short if it does.

The Swamp