Bullish divergence is still unfolding on the 4H and daily charts. Diagonal trendline holding strong too. Expect some chop before we edge toward the key 95-96k zone and try to print a higher high. Decent liquidity stacked at 79-80k—pretty sure we’ll sweep it in the next few days, so 79,800$ could be a solid spot for your limit buys. After that, I see the bullish divergence playing out, pushing us to reclaim our POC around 96k. That’s where I’d take profits—tons of liquidations there, plus a lot of folks will jump back into shorts, thinking the cycle top is in.
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.