CryptoDeNiro

CryptoDeNiro

$btc right now: To the upside with coiling resistance: the orderblock at the .5 fib between 6460 - 6575 To the downside support below the 382 fib at 62xx and below that Interesting how it wicked tough at 618 fib to the upside, and to the downside, the 50 ma was strong support

CryptoDeNiro

decent r/r for a scalp play

CryptoDeNiro

SHORTS WIN.

CryptoDeNiro

Fully expecting a further follow through/continuation to ultimately 67 - 6800 levels (likely a wick) before we see a relief bounce back to 7k and will reassess from there. Between the current order block price is in now, once this is breached there is very low volume transacted between 7500 and 6750 indicating a strong likelihood price rapidly falls to these...

CryptoDeNiro

on the 1hr we see the 50ma cross below the 200ma for the first time in a while, signaling strong bearish continuation to the downside Bids places at $7791, $7750, $7695 SL = 7995 Once current order block is cleared there is little volume between current levels and 7450 where price should rip down to before finding support