Daxxtrader

BTC Rallies here or death

Long
BITMEX:XBTUSD.P   Bitcoin
BTC has to continue momentum to the upside here or the higher time frame move will break down.

A solid bounce off the weekly order block at 9500-9600

We just put in a higher low, now we need to break the descending market structure and break to the upside closing a higher high above 10800 on atleast the 4hr time frame.

This will flip my bias to bullish.

Atm defending lows well, we just need Daily and 3 Day momentum to take us up to new highs.

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.