Bearish outlook
price has held above last week's low, if there is a push up into the mid range and finds resistance, wait for confirmation and short back into last week's low. If there is strong momentum to the downside, hold short into order block and January high.
Bullish outlook
if price can consolidate and hold mid range, look for longs into last weeks high and if strong momentum, into June high around $32k.
If there is a rejection of last week's high, look for shorts into mid and lwl.
price has held above last week's low, if there is a push up into the mid range and finds resistance, wait for confirmation and short back into last week's low. If there is strong momentum to the downside, hold short into order block and January high.
Bullish outlook
if price can consolidate and hold mid range, look for longs into last weeks high and if strong momentum, into June high around $32k.
If there is a rejection of last week's high, look for shorts into mid and lwl.
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.
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.