BTC has always dictated how the market as a whole in the crypto space behaves and there is fear and indecision regarding the price of BTC, We can see that price has fallen to a crucial support level and despite being healthy movement we need to maintain the 64 K level to continue the Higher Lows and Higher Highs that upward market momentum requires.
I will be looking at this area for the day and trying to decide if and where to enter the market, This may be the spot to go long and aim high, which is secretly my bias, I do enjoy a higher high and a higher low. I will be trying to gain some confirmation on taking up a position at this level and will be adding to this idea as the day(s) go by and there is relevant info to catalog
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we fell below the trend if we back test on a higher time frame this will be a short
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Its looking like we have flipped trend to resistance, Waiting on backtest to confirm and this should allow us to also look for an entry if confirmation on a short position
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we have a great long setup with great support at 63500 - 64 k hardline
LONG
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critical zone , we are fighting for this position @ 64,230k
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