With the completed flag setup on 1d.
I can say btc is completing this flag.
Next week there will be a strong volatility from 3/7-9/7.
But the breakout force is not enough, so I am sure there will still be sw. And $BTC only has enough force to sweep shorts, lacking strong breakout motivation. Since it has entered overbought on the weekly frame, the profit-taking pressure will make it difficult for btc to rise sharply.
Next week I predict there will be a pump and dump occurring.
A sweep of both ends.
The pump range is 110,900 (113,900 for expanded fomo).
The dump range is 103,300-104,700.
And 107,500 is the midpoint.
Extending through that week will reveal the direction for $BTC .
If next week's candle continues to close at 107,500, btc will continue sw in the peak area for a while longer as the support of Ma25 on 3d is still trending upwards.
Closing and opening candles at 102,200 could confirm the downward trend. Because Ma25 is starting to go sideways or tilt down.
I can say btc is completing this flag.
Next week there will be a strong volatility from 3/7-9/7.
But the breakout force is not enough, so I am sure there will still be sw. And $BTC only has enough force to sweep shorts, lacking strong breakout motivation. Since it has entered overbought on the weekly frame, the profit-taking pressure will make it difficult for btc to rise sharply.
Next week I predict there will be a pump and dump occurring.
A sweep of both ends.
The pump range is 110,900 (113,900 for expanded fomo).
The dump range is 103,300-104,700.
And 107,500 is the midpoint.
Extending through that week will reveal the direction for $BTC .
If next week's candle continues to close at 107,500, btc will continue sw in the peak area for a while longer as the support of Ma25 on 3d is still trending upwards.
Closing and opening candles at 102,200 could confirm the downward trend. Because Ma25 is starting to go sideways or tilt down.
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AAVE
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