Good confluence of a couple of levels on $BTC here


We got our deviation above Monday High + Value curve there (longs trapped above)
Invalidation for this idea is around the news pump lows. Overall expecting 70.4/6k region to be strong resistance on the retest from below. Will be looking for scalp shorts there and am looking for scalp longs with the invalidation mentioned above
Overall think weekend could be negative price action IMO because of geopolitical conditions which could lead to us rotating back towards Monthly Open / lower VWAP band but a slight move higher could be next for the time being
BTC-3,68%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin