MarcoJohanning

Gm and happy Saturday! ☕️
$BTC and $ETH Hyblock Heatmaps
Bitcoin chopping around between key levels, still looking bearish to me. Let's see the next weekly close.
Enjoy your weekend and touch some grass!

Gm and happy Friday! ☕️
$BTC Update & Hyblock Heatmaps
So far a clean bearish retest. Just have a look at the weekly closes on the chart.
Nothing to be bullish about unless we see real strength above 65.7k.

Gm and happy Thursday! ☕️
$BTC Update & Hyblock Heatmaps
First attempt to break the key level failed.
We now have a very clear resistance exactly where support used to sit - no bueno.
Doesn’t have to mean anything yet though. Bitcoin can make multiple attempts before it either punches through or gives up.
Still watching the structure closely. Not short yet, and be extremely careful with longs.

$PENGU | One of the few charts that didn't take out the February low.
It just swept the range low to push out perps, which is what you want to see before buying.
Relative strength and still one of the main buys for the next months.

Gm and happy Wednesday! ☕️

$BTC Update & Hyblock Heatmaps
The Bitcoin chart is actually pretty simple.
1. Breakdown from the continuation pattern
2. Sweep of the low
3. Bounce to the 65.7k key level
Now the question is only this:
Do we get a bearish retest followed by another move down to low 50s? Or is BTC ranging or forming a bottom here.
Alerts are set, another breakdown would be another clear short opportunity for me.
To go long, I need to see more strength first. The trend is your friend. And the trend is still down.
But as said yesterday, if

Bullish scenario $ETH $GOLD
Many charts are looking similar to Ethereum and Gold with a possible deviation below the current accumulation area.
Setting the market up for a rally - if we see a strong breakout above the key levels.

Gm and happy Monday! ☕️
$BTC Update & Hyblock Heatmaps
Bitcoin is exactly at the level I expected it to go. 65.7k is the line in the sand:
Reject here and I would read this as bearish confirmation and short entry.
Reclaim this level as support and I would read the wicks to 59k as a sweep of the low before we go into the 70s-range again.
Plan is ready, now we wait for execution. Have a great start into the week and see you soon!

Gm and happy Wednesday! ☕️
$BTC Update & Hyblock Heatmaps
Bitcoin longterm levels in the chart. I think we will see low 50s over the next weeks.
More than happy to be wrong, but imho BTC will retrace more before finding a bottom.
Bounces = short opportunities.
Have a great day and see you soon!

Gm and happy Monday! ☕️
$BTC Update & Hyblock Heatmaps
Bitcoin lost the local weekly support level and is back inside the 2024 range.
It tested 59k already twice as major weekly support level. This is my new level to watch.
Close weekly below: Prolonged time (months) in this range with potential wicks to 49k.
Hold 59k as support on a close basis: Form a bottom, but most likely needs some weeks and we should still see some wicks lower.
Short term we should see some upside to fill the huge imbalance of the last weekly candle. But that doesn't mean anything as long as BTC doesn't close waaay high

Gm and happy Sunday! ☀️
$BTC Update & Hyblock Heatmaps
Bitcoin looking no bueno.
Happy to be wrong here and see this hold as a bottom with a sharp recovery.
But looking at this weekly candle, it's hard to argue for the bulls right now. To me this reads clearly lower: mid to low 50s over the coming weeks, with a new range forming here.
The good part: this could be the last period of pain over the next months before we get an early new bull phase...

Gm and happy Saturday! ☕️
$BTC Update & Hyblock Heatmaps
Bitcoin swept the February low as expected.
Now we need a bounce asap to form a new range for the next months.
Close weekly here = a continuation lower into low 50s is getting more likely.

Gm and happy Friday! ☕️
$BTC Update & Hyblock Heatmaps
Still a bit of time left to save the weekly close. If not, we should soon have another high RR short entry ⏳

Gm and happy Thursday! ☕️
$BTC Update & Hyblock Heatmaps
Bitcoin has 3 days left to repair the weekly candle.
A wick to take out the liquidity (see maps) is one thing. But a weekly close below the weekly support would make a bounce from here less likely.
Instead it would mean the weekly downtrend will continue to deeper levels.
In the short term, I expect a bounce around the current level, most likely taking out the February low at 59k and then bouncing back to the weekly support at 65.7k. The reaction there will tell us a lot and open opportunities for a trade with high RR.

Gm and happy Wednesday! ☕️
$BTC Update & Hyblock Heatmaps
There we are, 65k already hit, short fully closed. Tempo of PA is high after Bitcoin lost the key level.
Now we're in a serious move and have a close below the wedge, but the weekly support level is holding close wise so far.
This is the level I watch right now, and we can't see a weekly close below that. A bit chop is ok, and maybe even a daily close if it repairs fast.
But a weekly close below 65.7k would mean 50s or even 40s in a wick.
Not looking for longs yet. Just observing what scenario we get. Full breakdown or a bottoming phas

Gm and happy Tuesday! ☕️

$BTC Update & Hyblock Heatmaps

Extremely happy how this trade went, main target fully hit.
Now, Bitcoin is wicking below the wedge which is no problem, but if it closes daily below this support, it should directly go to the next level 65.7k.
Close below that would be max bearish. But let's see. Majority of liquidity is swept here since everyone said it won't go to 69k anymore.
Now we're here and the liquidity is stacked up above. Let's see the PA here next days and then we'll pl

Gm and happy Monday! ☕️
$BTC Update & Hyblock Heatmaps
Weak HTF closes for Bitcoin. Looks primed for a continuation to the low of the wedge.
Have a great start to the new week and see you soon!

$GOLD looks very good here.
Flip & Fly.

Expecting Bitcoin 69-70k as first target.
3m BTC heatmap shows T2...