BTC Continues to range but the wicks at the bottom of the range are very telling, there's obvious buying below $7.5K, every attempt to break down has been absorb heavily. Would really like for the bulls to reclaim the mid range to see some upside continuation. What do you think?
We have formed a new mini range... if you don't know the drill yet this is how it goes. Simple: Long the bottom $7,430ish and sell the top $7,614ish there's a 2.5% reward opportunity on each side.
I'm personally expecting this range to e resolved upwards $8.1K target.
BTC Scalp Long Idea
R:R 10 to 1
1. Daily opened starting as bearish candle but the bulls are defending yesterday's S/R Flip, if it holds the target is the range high.
2. Daily chart look's primed to continue the uptrend.
BTC Long Idea
R:R 15 to 1
Entry will be triggered when gray line support line, previously resistance is retested and confirmed as support.
1. LTF Momentum Indicators showing bullish momentum.