Patience is the name of the game right now😁📉
Price is slowly grinding down towards the bottom of our established range, testing the 83,800 area right now.
Here is my game plan for the session:
The range remains valid until proven otherwise.
I am not trying to catch a falling knife right here. As my chart says: "No raid - no trade."
I'm waiting for a dip under the range bottom. If we sweep the 83,600 level to grab liquidity, that’s where I’ll be looking for my entries.
Keep an eye on 84,267 (the US Friday close) acting as a major magnet for price.
If the bulls step back in and we reclaim momentum, the minimum level to watch for a true breakout is around 87,400.
Until we either sweep those lows at 83.6k or reclaim 87.4k, we are just chopping inside the box. Don't force the trade, let the market come to you.
$BTC
Price is slowly grinding down towards the bottom of our established range, testing the 83,800 area right now.
Here is my game plan for the session:
The range remains valid until proven otherwise.
I am not trying to catch a falling knife right here. As my chart says: "No raid - no trade."
I'm waiting for a dip under the range bottom. If we sweep the 83,600 level to grab liquidity, that’s where I’ll be looking for my entries.
Keep an eye on 84,267 (the US Friday close) acting as a major magnet for price.
If the bulls step back in and we reclaim momentum, the minimum level to watch for a true breakout is around 87,400.
Until we either sweep those lows at 83.6k or reclaim 87.4k, we are just chopping inside the box. Don't force the trade, let the market come to you.
$BTC
