Expect a spike around the shown entry level. This will drive enough retail on enjoying their longs and even more entering fresh new ones. A pullback will be needed. You can scale out of the position gradually above 2RR.
The bearish macro trend will stay intact with the upcoming fundamental developments and mainly interest rate divergence with other still be to...
Just now after thinking things over for a bit this triangle that we are forming atm and EVERYONE is looking at looks to me at least so much like something that COULD be being manipulated so people expect a upside break, enter long on such break and then get liquidated by BTC visiting the 8400 level once again that in my opinion should act as a support at least...
