BTCUSD broke out on H1, now came back to make a retest which lines up with fib level. I think it can go up to touch trendline one more time, and from there after trendline break I will look for short. If the momentum will be too strong, its possible it reach $10.500.
Note
It looks like price rejected $5400. I expect one more drop to $5475 and from there long opportunity. If you want to be safe wait for counter trendline break on H1 and retest. TP 1 stays the same at $7700. Trade active
Set SL to breakeven. Be careful. If BTC rejects 6600 area, its possible it drops a lot more quickly. Economy is not doing well and people will need cash quickly. Thats why they will sell crypto. Thats my opinion. Lets see what tehnicals will say. 
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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.