BTC's weekly cloud structure is holding up well - the lower support hasn't been tested yet. What's interesting here is the setup pointing toward a potential move higher. Lagging Span A at the top of the cloud is likely acting as resistance, and if momentum builds over the next few sessions, we could see price make another run at that level. It's a setup worth watching closely for the week ahead.
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DancingCandles
· 12-16 17:55
The Cloud Atlas system looks very professional, but in actual combat, it's easy to get knocked down. However, this time the support has indeed held up well.
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RektButSmiling
· 12-16 17:54
As long as the support hasn't been broken, it means it hasn't bottomed out yet. The key is whether this wave can break through the resistance.
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SleepTrader
· 12-16 17:52
The cloud structure hasn't broken yet, the support is very solid, feels like this wave has a chance.
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MEVHunterBearish
· 12-16 17:50
A good cloud structure makes me want to buy, but it also tests the support... Can this wave break through the resistance line? It feels like the momentum is still a bit lacking.
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InscriptionGriller
· 12-16 17:47
The cloud structure is solid, and the support below hasn't been broken yet. That's the mark of an experienced trader. In my opinion, it all depends on whether it can break through that resistance line. When the momentum arrives, it's truly here; otherwise, it's all just paper tigers.
BTC's weekly cloud structure is holding up well - the lower support hasn't been tested yet. What's interesting here is the setup pointing toward a potential move higher. Lagging Span A at the top of the cloud is likely acting as resistance, and if momentum builds over the next few sessions, we could see price make another run at that level. It's a setup worth watching closely for the week ahead.