Daan Crypto Trades
Daan Crypto Trades|Feb 19, 2025 20:25
BTC Currently in its 5th consolidation. We saw 2 short ones and 2 larger ones. This one is right in the middle of it in terms of duration so far. Even if price were to sweep the ~90K range low, watch closely, because a retake of the range might mean that its due for another move higher like previous consolidations. Obviously that changes if price does not deviate and continues to trade lower. That's roughly what I'm looking at here. Maybe we don't get a sweep, maybe it doesn't retake the range. Just think that if it does follow that similar pattern as all the other consolidations, it might offer a good swing setup.
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