Presenting two possibilities here. You can see the volume profile suggests anything within this 6.8 to 11.8 range isn't confirmed either way. On either side is very little resistance.
See chart for more notes.
See chart for more notes.
Note
Here's my take on BTC as we close the monthly. I believe this set up from the 27th is still valid. We do have overall increasing volume. A&E pattern is still in play. Indicators look bullish. 11.8 is the launchpad IMO
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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.