BTC market update
https://www.tradingview.com/x/HJQpgNsA/
Commenting on what happened yesterday of BTC price acting like that shows you how the market has very low liquidity and sadly it can be easily manipulated by mere news.
Will start from the daily, As we hold above 28K then we should fill part or all imbalance in the chart to the upper side first and we are dealing meanwhile with the upper range between 28.1 to 31.4 that has a mid range of 29.7 " we are for now forming higher highs and higher lows with the current price action - so will respect that till its invalidated " One note to take into consideration that btc got nasty rejection from 29.6-30K region
4H Time.
Trade Scenarios
Just incase we got a a rejection, more as a daily short scalp trades , keep an eye on the levels mentioned on the image above on the right and see where is the trigger for long.
Also leaving you a long setup that I am interested in taking
Have a blessed day
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