Bitcoin is ranging on the daily and I'm looking at 2 major levels to break. I have stop buys above upper red and stop sells below lower red for longer term plays.
Currently #bitcoin is building a giant weekly PA range of ~$12,000. Weekly candle looks awful with price action at the bottom of it. 33K retest looks much more probably then 45K at this point. I have stop sells below red & stop buys above upper red. Stay safe $btc family.
Crude just broke the purple box (resistance) & no reason it doesn't go straight back to $140 over the coming weeks. I'm long. All missions go.
Bitcoin looks as if it will continued to push down. AO vs PA divergence and about to break through the retest of support. Coupled with AO turning black on the daily. Nasdaq & Bitcoin are attached at the hip.