Bitcoin Update | Important Hint

A few more things which I found on the chart, while comparing to the bottom of 3100-4200.
Right now looks like we got similar structure with key level of resistance at 7800-7600. So keep your eye on the breakout from it.
Similar to 2018-2019 bottom we have a concentration of Bearish Candlesticks at circle area.

I will keep adding to long position in next liquidity zones:
Liquidity zones on the levels
7400-7300
7100-7000
6800-6700

Keep you position size, leverage and liquidation levels in safe areas. It is a high volatility zone!

Overall market sentiments should go highly bearish in this range, so be sure your emotions are under control.

Stay safe and profitable.

Questions — @arshevelev

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Local view of the situation you can see in the idea —

Comentário:

Shorts get rekt, longs get rekt. Don't trade without breakout.

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How I see price direction in next week

According to level structure there is a good supports at 6800 and 7000. Let's follow up it

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Broke first liquidity zone and now going to second at $ 7000

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Today possible short-term sideways to 7300 resistance level..

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Bitcoin Update | Price Following the scenario.

Price surged from 7600 resistance zone. Now we are near 7000$ zone, take partial profits here. I would not short this area more. I am waiting gray area of 6800 to get in swing-long trade.

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Look at fresh update

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