Here are possible BTC trades which could be taken. At the extreme point we have an supply area which has been tested once and strong rejection is an indication of major sellers there. next time the price gets there we could take a short for the second run.
Below the current market price we have multiple demand levels which could be potential places to go long. Our immediate demand level has been tested many times already and taking a trade upon this level requires more insight which could be evident provided that you check lower time frames.
Lower demand levels could also turn into lucrative opportunities to go long. Just make sure you have those areas on your chart and upon reaching act based on your own entry setup.
Be Honorable
Below the current market price we have multiple demand levels which could be potential places to go long. Our immediate demand level has been tested many times already and taking a trade upon this level requires more insight which could be evident provided that you check lower time frames.
Lower demand levels could also turn into lucrative opportunities to go long. Just make sure you have those areas on your chart and upon reaching act based on your own entry setup.
Be Honorable
Comment:
Our immediate demand level is breached so moving to next demand level
Comment:
Second demand area worked perfectly
Comment:
Price didn't get through the second demand area below and started rallying up almost touching the Supply area at the extreme.