04/02/2023
TECHNICAL ANALYSIS (4H) After a very strong monthly close, BTC remained relatively strong around $28,000, where it has been for the past few weeks and from where we expect the next move to begin with high volume and stronger strength, either up or down.
🟩 SENTIMENT: Short-term sentiment is currently neutral and shows no signs of breaking out on the higher time frame either up or down. Medium and long term sentiment is currently relatively bullish but still awaits confirmation in the next few weeks that will either take us to new medium term highs or a lower retest level.
🟩CLOSING (VIP): Our final long "Cryptonews" positions at a lower leverage level remain in profit and are poised to reach higher targets in the next few days/weeks. We will also update information about new positions and add ranges for which we are waiting for confirmation at least on lower time intervals.
#BTC DAILY RANGE:
📈Upper limit: 29,691
📉Lower limit: 27,181
(+-15% based on moving average volatility starting/ending points)
🐟ENTRIES FOR SCALPING (VIP)
(*Experienced Traders Only - Moderate/High Risk)
📈 LONG $25,883
📉 SHORT $29,343
