📉DECISION TIME FOR BITCOIN! 17/4/24
📉 Watching closely as we break support levels on the shorter timeframes within our 30+ day range. If my long position starts to turn bearish, I'll exit. This might signal a downward move to test the range's low. If we manage to close above a critical point, I'll consider reducing risk on my long.
However, there are challenges ahead, like encountering resistance from recent highs and a significant supply zone on the 2-hour chart. If market structure aligns, it could present a good opportunity for a short-term scalp trade. 📉📈
However, there are challenges ahead, like encountering resistance from recent highs and a significant supply zone on the 2-hour chart. If market structure aligns, it could present a good opportunity for a short-term scalp trade. 📉📈