Levels that I'm looking at with a tight stop loss.
32k or 34k would be a good bounce from here?
$LUNA incident with lovely manipulation that filled the bids of 24.5k and above.
Hopefully I get some good trade from this long position.
Bottom support .28 range created now clearly rejected from the .50 area. Currently testing the previous support creating a falling wedge structure. If it breaks out on the upside, we would see a double bottom forming which will try to break the .50 area of resistance then next target of .70 range to .80
However, If this falling wedge fails, we're going to see...
Broke through 200MA 4H. 50 & 100 MA about to cross. Still on a bullish area however volume is weak. RSI above 60. Possible retest range to 37-38k range.
Key target to break 42.5k and a retest to bounce off a good area of support is a good confirmation for the bullish continuation.
Might expect a very boring month for btc on this area. However, this area is good...
Good continuatuion from previous post. Bullish area especially to ALTs we can profit from here. Triangle area is a good continuation on the upside. Tho, still not a good confirmation to go hard. Protect capital if able. Might reject 40k. Created 3 support below trendline to reduce position. Breakout on 40k, next resistance is 42k.
