Published 25 Jun 2026, 16:40 UTC · fetched 3 Nov 2026, 13:33 UTC
Cheds Trading
@BigCheds
Quoting · 25 Jun 2026, 16:39 UTC · context given to the AI
There are a few key concepts in classical charting to mention here as to why 58k is arbitrary and 54k is the next major level firstly, recent PA is the most important, so 2021 doesn’t matter compared to the weekly bull flag in 2024 Secondly 54k price zone is the bottom of that flag When you enter a price zone and do not hold at the top for a throwback, there is a propensity or likelyhood of testing the bottom of that zone, which is why I’ve been focused on it for months. 58k has no significance as it is considered the ‘middle’ of that weekly bull flag, aka chop zone most important lesson here for anyone following is that in classical charting the most recent PA is the most important. Appreciate your views and wish you well in the days/weeks to come$BTC why 54k is the next major level for anyone interested in classical charting https://t.co/QXXyZDOfLuView original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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