Happy Sunday everyone 🙏🏼 Traditionally we don't trade today as weekend price action shouldn't be trusted. #Bitcoin didn't move anywhere, so what I wrote before also stays valid.
If BTC find acceptance above ~27121 we may expect it to grow higher to ~27900.
#BTC CME gap at 26290 (at 4h chart). That is right in between Q3 VAL at ~26341 and developing month 20SMA / developing year VWAP at ~26120. Very attractive zone for re-visit, so its the one for short targets and potential zone for a flip into long, although a risky one as move down there can cause a fast dump towards 22-24k. So no blind orders. Watch price action on Monday and follow the range it forms.
Main levels to watch PA:
🔸 27900 - dev W 20SMA
🔸 27480 - September high
✅ 27130 - October 3rd low
🔸 26625 - last low before October pump
🔸 26341 - Q3 VAL
🔸 26117 - dev M 20SMA
#BTC 4H EMAs:
🔻 55 at 27107
🔻 233 at 27047
🔻 987 at 27163