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cerealmarket

clear oversold market structure bitcoin

Long
ProShares Bitcoin Strategy ETF (BATS:BITO)  
cerealmarket Updated   
BATS:BITO   ProShares Bitcoin Strategy ETF
Trend Analysis Chart Patterns Technical Indicators bitcoinlong oversoldbounce
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trendanalysis chartpattern indicator bitcoinlong oversoldbounce
the network has provided a ver liquid structure to the downside. now that is contracting, i believe we will revisit the sell heavy area as a contraction of the bear move according to this market structure POC VAL.
Comment:
probably a repeat in this pattern of btc.d

snapshot

the oversold volume weight average VAL should provide momentum in reversal to bitcoin dominance, which will relieve btcusd from alt divergence.
Comment:
still has more ti retrace and sell

Related Ideas

cerealmarket
looking for hourly revisits of VAH and POC
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