$33,555 WITHIN THE NEXT 24-72 HOURS (retest of broken trendline)
A retest of $33,555 would be a pullback into the demand zone after breaking above this downtrend on the hourly. Bouncing off this region would print a higher low as well on the current uptrend BITCOIN has formed since the bottom at $29,000.
It does look bullish, but would like to see a bounce off my bearish short scalp target and from there I'll enter a long if things look okay. If we pump I'll monitor my position and manage risk, if we dump in the next 24-72 hours it'll likely be into the black rectangle box you see on my chart.
Stay safe, and good luck.
It does look bullish, but would like to see a bounce off my bearish short scalp target and from there I'll enter a long if things look okay. If we pump I'll monitor my position and manage risk, if we dump in the next 24-72 hours it'll likely be into the black rectangle box you see on my chart.
Stay safe, and good luck.
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