BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
BTC has been ranging for the past 2 weeks not doing much really, I personally haven't been trading it much.

However this monday, BTC has put in a nice low at 15,347
I would like this low to be a major one (on the MTF) before another move lower

Support levels below us:
- 16.1k (POC of move up, OB)
- 15.6-15.8k (liquidity, OB)

My favorite scenario would be a retest of my support area at 15.6-15.8k before a move up to the 19.3-19.6k resistance area (look at my last idea)

Any questions?

Good luck traders
Remember not to break your rules

Habib
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.