Hold 7100 and I can see bullish continuation to top of the range, the weekly level, closing above it would be massive for bulls. Currently hedged, longed 69xx and shorted XBT and ETH long ago, doesn't really matter which side it takes, I won't get *REKT*.
Support box is down below, fib is used to spot the middle of the zone. Weekly squeeze looks bad, lost momentum to the upside and it hasn't fired. Most alts still look bad against BTC, no sign of a strong reversal (yet).
It's the only one you need imo For bullish action I wanna see it break above and re-test it
Simple chart If it breaks resistance and holds as support it's omega bullish
Currently in a short with a stop above the highest wick after closing below the 155 level Targeting 120s for now, pretty conservative PTs Close above the level and it'll bring some hope for bulls
It's support until it closes below
Invalid if it there's a monthly close below the zone I'm not taking the trade right now
Invalidated if it closes above the 35 level
* Weekly close above 1.01 level would be nice for more bullish action * 0.87 level would be good for long adds
Reclaim that level and bulls have hope If it rejects, targeting $6k
XBTUSD is squeezing on the daily with momentum up, last time it did it was in March, it ended up launching to the upside . Currently long on multiple positions, but with good risk management, nothing bad happens if I get stopped out.
Buying a re-test of that weekly level Targets are levels above Stop is like 6%
Closing above the lower part of the range would be nice for bulls Staying out until weekly close and I'll maybe check for entries on the daily
Already long in Binance but I'm looking for a fill in MEX Stop below swing low Looking to sell near the short box
Holding this box would be really nice for bulls, it'll likely test 9k which is the previous support of the range that BTC broke down a week ago. If we close below 7.5k, the levels around 5k-6k is likely to act as support. Closing above 13.4k on the monthly, and we're talking about ATHs ------------------------------------------------- I'm currently long on...
If it closes above the level and it holds a test, target would be 2.3k sats
Sold my bag in $32, and now it broke down from a major weekly level Potential support levels are ahead I'm not exactly sure if I would buy a hodl bag or not because of fundamental reasons, but meh, I'm still trading the chart
Daily closed below a must hold level for bullish continuation Doesn't look good, I'll short a test of said level and target the lower part of the trading range and below