There's potential for an upward swing, but it's all hanging on BTC's current trajectory. The support level is clear. The only downside is the lack of strength in most last 1H candles, 30min are more bullish for scalp. We'll need to wait it out and see how Bitcoin plays out before making any moves.
On the 1-hour chart, BTC is holding support as indicated by clusters, but sellers are also capitalizing on this level to offload some holdings.
On the 1-hour chart, BTC is holding support as indicated by clusters, but sellers are also capitalizing on this level to offload some holdings.
Trade active
+5% already, but the main local targets are 7.8, 8.5, 9Note
As I said earlier. Pay attention to the movement of BTC and the potential failure of local support, as this may result in a decline from the previously anticipated upward scenario.Trade closed: stop reached
BTC
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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.