BTC Review - 4H 🪙
We are testing the resistance level of $110.300, but so far they are not allowing us to go higher.
If the price drops below $109,400, then we will go for a retest of the low, most likely in the range of $106,800-$107,200
If we do break through the top
BTC Review - 4H 🪙
They won't let us go above the resistance level of $109.800, but let's not forget that it's Saturday.
In the near future, they may take us back to test the local minimum; ideally, we will take liquidity of $107,400.
$BTC - 4H 🪙
We have consolidated below $110,000, but we could see a squeeze to $112,000 and higher at any moment.
As I wrote yesterday, the shorts worked perfectly this week, so I can rest easy. However, I'm expecting a payoff locally, but I probably won't take any myself.
BTC Review - 4H 🪙
$108,500 was fixed, the movement was beautifully taken away
Now you can catch a local buyback to $112,000 and above. I recommend building your position in increments.
The short position has been completely closed.
Should I continue covering the market?
BTC Review - 4H 🪙
We tested $111,500, a standard local buyout, but I'm expecting the party to continue soon.
The key level is $109,800. When we fall below that, we can easily see $107,400.
I'm holding on to the rest of the position, and the profit is excellent.
$BTC - 4H 🪙
We were shown too low volatility this weekend, which means there is a high probability that a powerful squeeze will soon occur.
Everything is relevant, I'm holding a short position on BTC, I've written about my goals many times before
Getting ready for the work.
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