BTC long a bounce 19200 or break 19500

Probably we will have a boaring Saturday trading with our BTC as we are floating at Support on the 19500 area but under DO and the resistance line of the wedge so technically in no trade zone, i still favour long in this moment at different level 1) a bounce off 19200 2) a break up of the wedge at 19500 with volume 3) a rebound at DO after wedge break and rejection at MH, these 3 are the spot level where i would open a long position to make intraday profit ; i am still bearish on BTC but i am open to buy at this level if i see an opportunity coming up ; RSI 15M and 30M are in neutral position pointing up, 1 H is in overbought position and 4H is oversold so I think a push up is possible soon with low volume could be rejected down or just keep staying in the range , a rejection at DO or at wedge is the most probable event next , so if a noce spot does not open up i will just wait for next one

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Note

nice bounce at 19200 but i do not trade at this late hour, will probably rejected at 19400, it is too late for me to open a trade

giorgiovie

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giorgiovie